Is Johnson & Johnson Stock a Buy?
Although there's a lot to like about Johnson & Johnson (NYSE: JNJ), the company still has many qualities that might keep savvy investors on the sideline. A positive? The company is a Dividend King. That means the company has raised its dividend in at least 50 straight years, and signals long-term reliability. But slow growth and legal issues have plagued the company over the past decade. After weighing the pros and cons, it's not hard to make the case that the stock is unlikely to outperform a simple S&P 500 index fund over the next decade.
Image source: Getty Images
Perhaps the best thing going for the company is how broadly its revenues are spread across products and geographies. Its three business units -- pharmaceutical, medical devices, and consumer -- cover an amazing range of health-related products including pain relievers, skin care, artificial hips, and prescription drugs. The company's sales are also well-balanced geographically, with only half coming from the U.S.
Source Fool.com
