4.12.2011

Johnson & Johnson: A solid dividend stock

Johnson & Johnson: Dividend Stock Analysis

Excerpt:

Overall, I feel that despite the recent string of recalls that has tarnished the company’s reputation, there is significant value in this company and stock. A perfect storm of the financial collapse and health care reform in the United States, along with near-simultaneous internal company problems with McNeil, has resulted in uncharacteristically lackluster performance of the company, and a historically low valuation of the stock. I conclude that over the long term, JNJ is a solid buy at the current price.

Comment: I could see investing in Johnson and Johnson / JNJ

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