| shu_wd Wed Jul 18, 2007 6:19 pm |
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JNJ ? Hi, Blast,
What do you think of JNJ? Many wall street guys are recommending it.
thanks |
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| blast_investor Thu Jul 19, 2007 9:27 pm |
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Hi shu_wd,
Drug stock JNJ has not performed so well in recent years. However, I believe JNJ stock is quite atractive at current price over the long run.
I think the stock price is at fair value right now, but it is a big cap with predictable earnings. JNJ is a Warren Buffett stock so that we can imagine that it meets buffett's criteria.
This is a stock that can be categorized as Buffett durable competitive advantage growth stock. |
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