Analysis

Stocks A to Z
1

JNJ is currently trading at $173.95

It appears they will be reporting $9.80/share in earnings for the past year.
Estimate for next full year is $10.39

$9.80 works out to an earnings yield of 5.6%
$10.39 works out to an earnings yield of 6.0%

There are a number of professional analyst following this stock.
Most are recommending it as a Buy (1 hold).
Price target ranges between $161 to $215.
So, current price is within range.

An average price target of $189 represents a 9% appreciation in price.

To me, that’s not a very strong Buy.
However, I already own shares, 1.2% of total portfolio, so will Hold for now.

2

on second thought…

Probably should consider buying more shares.
However, it’s not sure how much is too much.

3

JNJ is my largest holding because it is my oldest investment. I’ll probably hold until I leave it to my kids.

5 Likes
4

" on second thought…

Probably should consider buying more shares.
However, it’s not sure how much is too much. "

Good company.
Good business.
Coming split in the business may act as a driver - but difficult to say with certainty.

Price is rather high.
Viewed as a “safe” investment during recessionary times.

Howie52
Family owns a small position in JNJ.