Is Johnson & Johnson Stock a Buy?

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Johnson and Johnson (NYSE: JNJ) He is one of the world’s largest and most famous health leaders. If the investment in the company went down to size, the shares will be purchased in a non-brain. However, Johnson and Johnson have met with legal and regulatory knobs in the last few years, pause to investors. Moreover, the growth of income is generally not impressive, nor is the performance of Johnson and Johnson’s stock exchange. The pharmaceutical giant is still worth investing.

Some can describe Johnson and Johnson’s business as boring but sometimes it’s not a bad thing. The sale of pharmaceutical products is a stable and reliable business, even when the economy is down, as patients never stop needing potential rescue drugs.

Johnson & Johnson’s portfolio features more than 10 Blockbuster drugs and distributes several therapeutic areas, infectious diseases to oncology.

The giant of the healthcare is also a manufacturer of leading medical devices, which increases its activities. Johnson & Johnson’s financial results are generally stable and consistent. Give below income chart and net income.

Jnj income (annual) chart
Jnj income (annual) data Ycharts.

The company’s balance is rock tight and it has earned AAA credit rating from S & P, The highest availabilityIn recent years, it has increased as impressive high levels in recent years, which can change in the long run for at least two reasons.

First, Johnson and Johnson are divided into 2023 from his consumer health business. This unit has become its income growth and getting rid of it, the company will be able to invest more in its main pharmaceutical and medical device business. The effect of splitting on Johnson and Johnson’s business will become clearer, as time passes.

Second, Johnson and Johnson have several growth opportunities. One of them is in the field of resort surgery. Johnson and Johnson develops Austava system to compete in this market is dominated Intuitive surgicalAlthough Ottawa has not yet been established in the United States, it will probably finally be, and then will present the main source of continuous income of the company.

The Health Manager is also an excellent-income share. Johnson & Johnson has added 62 in a row to pay its dividend, making it a dividend king. Shares between Johnson & Johnson’s strong business and excellent dividend program can be a solid choice for long-term, revenue seekers.

 
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