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6 pts

Opinion on  Johnson & Johnson (JNJ)     Sector: Healthcare  >  Industry: Major Drugs
JNJ more for less

Oct 11, 2008 09:21 PM GMT
Jpeg_sun4agk
Return Risk
+12.93% HIGH
Sr. Associate

It is a buyers market right now. JNJ is added for the simple reason of her current price and options. The 3% dividend, although minimal helps also. Her PE floats around 13-14 which is another positive. Johnson & Johnson engages in the research and development, manufacture, and sale of various products in the health care field worldwide. Yes there is a world wide recession taking place and yes sales may drop off but LT it is the time to pick up JNJ and ride out the storm.

JNJ:  This call was made on 10/11/08 @ $58.46
Rating:   Positive   $58.46 (10/11/08)
Gain/Loss:   +10.09% in 421 days
Target:   $72.00 (+23.16%) in > one year


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