Buying stocks, short run and long run....
Is it a smart move now? In the future? Vs the other pharmaceutical stocks....
Why or why not?
2007-11-27 13:14:52 · 8 answers · asked by KC_Meag42 5 in Business & Finance ➔ Investing
Johnson and Johnson, has been around for years. If, I had to invest it would be with them.
2007-11-27 13:17:12 · answer #1 · answered by That one 7 · 1⤊ 0⤋
JNJ is a solid, well-run company and the stock is on sale right now at a good price. I've started picking up some slowly to add to the portfolio, although it's just a tiny part of the whole.
Third quarter earnings were strong. Sales growth was 13% y-o-y. Operating margins are strong. Their credit is AAA.
Plus it's yielding 2.39% on top.
And they just bought Pfizer's consumer division.
So yeah, a great company at a very good price.
P.S. Morningstar's price target is $80, so yeah, it might bring you more than 15% in the next year -- at today's price of $67
2007-11-27 15:03:47 · answer #2 · answered by enoriverbend 6 · 2⤊ 0⤋
In addition to the accolades above, JNJ has a nice little stash of cash and very low debt. That makes it a good recession stock. They will weather the storm and be able to buy up the companies that are sinking.
2007-11-27 15:20:45 · answer #3 · answered by voluntarheel 5 · 2⤊ 0⤋
JNJ is a solid company. For a conservative investor they are a good choice but they are a very large company. For a more aggressive investor there are better choices. JNJ is not going to grow any faster than the economy so an investment in JNJ is going to be a slow steady investment. It is not going to give you 15% return in my opinion.
2007-11-27 14:55:49 · answer #4 · answered by Anonymous · 2⤊ 0⤋
Yes, absolutely. They're part of virtually every mutual fund. They have a solid history, like Walmart, Apple, Microsoft, and Exxon Mobile.
2007-11-27 13:59:56 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Yes JJ is a good company. Good investment if you buy it on a day when the market is down.Buy it cheap as you can.
2007-11-27 13:34:05 · answer #6 · answered by t Preston 4 · 1⤊ 0⤋
I would. Just think of all the babys that are being born every few minutes. You'll always need baby lotion.
2007-11-27 13:19:08 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Yes.
2007-11-27 13:18:31 · answer #8 · answered by Rowan 2 · 1⤊ 0⤋