I bought 16 Jonson & Jonson (JNJ) yesterday September 12, 2007Posted by deminvest in investment, JNJ, Johnson and Johnson, Jonson & Johnson, Single stocks, stock I own, stocks, stocks that pay high dividends.
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I chose Johnson & Johnson as a safe heaven in stormy markets.
We discussed about it last week’s post and we seem to agree JNJ is a nice stock. Its health care brands like AVEENO, BAND-AID, CAREFREE, NICORETTE and others, are very strong even in the unlikely event of a global recession.
JNJ has excellent numbers:
- Forward P/E 14 seems reasonably priced (more…)