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NYSE:JNJ
This summary was created by AI, based on 10 opinions in the last 12 months.
Johnson & Johnson (JNJ) has seen a significant rise, up 24% this year, primarily driven by strong performances in its pharmaceutical and medical devices segments. Experts note that the company's shift towards a pharmaceutical pure-play after spinning off its orthopedics division is a strategic move that could enhance growth prospects. While there is some overhang from ongoing talcum-related lawsuits, the consensus indicates it is no longer a significant threat. The company's strong drug pipeline and solid balance sheet are also highlighted, suggesting good future earnings potential. Many experts recommend considering buying shares during any weakness, especially with upcoming earnings reports anticipated to deliver positive news.
The PFE-N non-patent drugs will be dilutive for earnings in the short term. She prefers either JNJ-N or ABT-N