Are Johnson & Johnson's Legal Troubles Enough of a Reason to Avoid the Stock?
Johnson & Johnson (NYSE: JNJ) has been a profitable business to invest in over the years. But its legal concerns have been growing -- the company now faces tens of thousands of lawsuits relating to its talc products alone. And while the healthcare giant has so far been able to handle its legal costs and remain profitable, in the future that may not be the case.
In addition, all this negative press isn't doing Johnson & Johnson's brand any favors. A constant barrage of recalls and lawsuits can cause real, long-term damage. Is this still an investable business, or have Johnson & Johnson's legal problems made this a stock to avoid at all costs?
Image Source: Getty Images.
Source Fool.com
