Friday, June 11, 2021

Ewpple Analysis | Johnson & Johnson (JNJ)

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Ewpple Income For Life | www.ewpple.com

Can you still invest in Johnson & Johnson?

Fact & News
  • Robert Wood Johnson's granddaughter was the 1st baby that appeared on a J&J baby powder label.
  • J&J CEO says people will likely need the Covid vaccine with annual flu shot for the next several years as variants spread.
  • The Supreme Court refused to hear an appeal from J&J over a $2.1 billion jury award that its baby talc allegedly caused cancer.
  • JNJ holds an S&P AAA rating and is a constituent stock of the S&P 500 index.

Conclusion

We prefer JNJ because …
  • JNJ'S dividend yield of 2.5% is much better than the S&P 500's yield of 1.4%.
  • Johnson & Johnson has an annual dividend growth rate of 5.83% over the last 5 years and pay out ratio of 49%.
  • JNJ's pharmaceutical segment is the key growth driver with reported revenue growth of 14.6%.
  • J&J now has 28 platforms or individual products that each generate over $1 billion in annual sales.

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The above personal opinion does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The past performance of the above securities is not indicative of the future performance of the securities. Please refer to the disclaimer statement.

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