1 Johnson And Johnson Plz
New Brunswick, New Jersey 08933-0001
Phone: 17325242455
www.jnj.com
We recently compiled a list of the 10 Best Cosmetic Surgery and Aesthetics Stocks To Buy. In this article, we are going to take a look at where Johnson & Johnson (NYSE:JNJ) stands against the other cosmetic surgery and aesthetics stocks. While imperfections are inherent to being human, aesthetic (or cosmetic) plastic surgery is a viable […]
Paul Harris, partner and portfolio manager at Harris Douglas Asset Management, discusses his past picks: Bank of America, TD Bank, and Johnson & Johnson.
Johnson & Johnson (NYSE: JNJ ) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this world''s biggest maker of health care products have returned +8.1%, compared to the Zacks S&P 500 composite''s -5.9% change. During this period, the Zacks Large Cap Pharmaceuticals industry, which Johnson & Johnson falls in, has lost 3.9%. The key question now is: What could be the stock''s future direction? Although media reports or rumors about a significant change in a company''s business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company''s earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Cheap stocks are often cheap for a reason. That bit of investing wisdom underscores the need to perform due diligence on a company and not just buy it because the stock trades at a low price. Yet the word “often” is doing a lot of heavy lifting there. It means the are times when the market has gotten it wrong. Whether it is a temporary headwind for the business or the market doesn’t yet realize the company’s potential, the cheap stock is inexpensive and not for a good reason. That’s when savvy investors move in. Discovering a company’s setback is only short-term or seeing a long runway of growth just over the horizon, buying the stock now results in outsized returns later. The following best stocks under $20 fit those criteria. The low stock price could be justified right now but not in a year and certainly not in 10 years. These are cheap stocks that deserve a place in your portfolio. AT&T (T) Source: Jonathan Weiss / Shutterstock.com Ma Bell is trading just under $20 per share. It may be slightly above that threshold by the time you read this.