Summary
Johnson & Johnson has steadily performed during every economic cycle.
The company is one of two with a AAA credit rating.
The recent verdict will be appealed, even if the company loses it can absorb the cost with ease.
We conclude why I believe JNJ is a buy based on yield and DCF value.
Recently an article was written here, stating Johnson & Johnson (JNJ) is not particularly attractive at this time. Due to a few factors it has been trading off its 52 week highs and in my opinion continues to offer a compelling growth story. Despite being a mega cap company with over $80 billion in 2018 revenues expected, the company still manages to grow its top line every year. With the strongest credit rating available, shareholder friendly management, and active portfolio management, the company will continue to grow revenues and profits.
Johnson & Johnson Steady As She Goes
J&J has offered steady performance to investors for decades. While its large growth days are likely in the past, it still continues to grow its business. Below we can review some common metrics investors would review.
