Turley Muller

Why Buffett Loves Johnson & Johnson

JNJ should always perform solidly in any economic environment. It has a consistent historical operating record which should translate into visibility going forward. The past 10 years DPS have grown close to 15% annually with a standard deviation of 2%. JNJ has a very strong competitive position that will provide future operating stability. My DCF model suggests JNJ is work at least $80/share. For my detailed commentary on Buffet take a look here- financial-alchemist.bl...