Seeking Alpha

After a stretch in which it alienated the infinitely patient Warren Buffett, Johnson &...

After a stretch in which it alienated the infinitely patient Warren Buffett, Johnson & Johnson (JNJ) may be poised for strong performance, writes Andrew Bary. While the Oracle was selling, the Street was starting to warm up to the company. Revenue growth is improving, and the dividend - the stock yields 3.45% - should continue to grow at 8% annually for years. Underweight institutional investors might soon find themselves needing to buy.
Comments (5)
  • Dividend Garden
    , contributor
    Comments (445) | Send Message
     
    Revenue growth has been improving. We just need to stop recalling every product we put out to market. Stop shooting ourselves in the foot. Long JNJ.
    15 Dec 2012, 10:26 AM Reply Like
  • chopchop0
    , contributor
    Comments (3526) | Send Message
     
    Yup. It's been such a rangebound stock for years.... I trimmed around 72. Will let the rest ride considering the recent CEO change. Otherwise, I would have followed the Oracle of Omaha
    15 Dec 2012, 11:02 PM Reply Like
  • Remyngton
    , contributor
    Comments (354) | Send Message
     
    Good thing JNJ heir Woody Johnson has never beein involved with the company ,

     

    and instead is running the JETS into a Barnum Bailey Ringling Brothers circus
    15 Dec 2012, 08:18 PM Reply Like
  • jstratt
    , contributor
    Comments (2489) | Send Message
     
    I restored JNJ to my portfolio in 2012 after they changed the CEO and announced a viable forward looking strategy.

     

    Historically a great company but one of the worst managed companies so far in the 21st century. I do think that period is behind them. Just the end of stupidity should allow for an above average future.
    15 Dec 2012, 09:37 PM Reply Like
  • Brendan O'Boyle
    , contributor
    Comments (1115) | Send Message
     
    Why is everyone down on the "range bound" JNJ?

     

    The SnP is at 1413 vs. 1550 five years ago. Rangebound plus a 3.5% dividend is actually an accomplishment.
    16 Dec 2012, 05:36 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector