Why I Had To Buy Johnson & Johnson

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About: Johnson & Johnson (JNJ)
by: Brian Soule
This article is exclusive for subscribers.
Brian Soule
Dividend growth investing, REITs, long-term horizon
Summary

Johnson & Johnson is truly one of the most beloved dividend growth stocks and a cornerstone of many portfolios.

The story from Reuters alleging the presence of asbestos in JNJ's baby powder severely slammed the stock Friday and it was down again Monday.

Purchasing a small position in JNJ after the beat down it has received seems like a smart move.

Whenever someone asks me to name my favorite dividend growth stock, I usually say 3M Co. (MMM). BUT! I usually follow it up very quickly with Johnson & Johnson (JNJ) and