JNJ Still Solid - Buffett or No Buffett [View article]
>>We think that people will still maintain their baby powder, band aids and shampoos
Just remember that the consumer business is only 25% of JNJ's business. They have a 40% exposure to pharmaceuticals which is a business like PFE, MRK, etc, etc which comes with baggage like patent expirations and class action lawsuits.
I hate drug stocks. If they come up with a good drug, copycats and generics will eventually destroy the benefit. If they come up with a stinker, they get sued by thousands of people.
JNJ: Don't Get Fooled by Dividend Plays [View article]
JNJ Still Solid - Buffett or No Buffett [View article]
Just remember that the consumer business is only 25% of JNJ's business.
They have a 40% exposure to pharmaceuticals which is a business like PFE, MRK, etc, etc which comes with baggage like patent expirations and class action lawsuits.
Ten Highest Yielding Pharma Stocks [View article]
If they come up with a good drug, copycats and generics will eventually destroy the benefit.
If they come up with a stinker, they get sued by thousands of people.