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Johnson and Johnson (JNJ) looks like a good stock for the next 12 months,

JNJ corporation a family staple good.  Supplying a wide range of pharmeacutical products.  has an unprecedented number of supporters over at the Motley Fool an investment community; JNJ 5 star rated.  This could of course be a contradictory indicator; but, I think JNJ will trading near 70 is a safe bet with more buyers than sellers driving the stock higher in the next 12 months in my opinion.   In a recession sales of JNJ will be little effected and given it’s scale of economy it should be able to continue to increase efficiencies lowering costs supporting by the high quality products JNJ is know for.   JNJ pays out  a 2.5% dividend. 

 

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September 21, 2008 Posted by | Stock investing links, ideas, and opinions. | , , , , , | Leave a comment