Is this the best super dividend stock from the financial sector?
Some companies have a better reputation among investors than others. These include Johnson & Johnson, which is considered one of the best resilient stocks ever. But is it really? And what's in store for them now?
Johnson & Johnson is one of the largest and best-known pharmaceutical and healthcare companies in the world. It focuses on the manufacture and sale of a broad portfolio of drugs, medical devices and medical equipment for the general public and healthcare facilities.
The company is characterized by several strengths. These include a broad product portfolio covering various areas of healthcare, from consumer care to pharmaceuticals to medical devices.
The company's best-known products include diapers sold under various brand names, bandages manufactured for the mass market and a range of pharmaceutical products such as the prostate cancer drug Zytiga and the biological treatment for rheumatic diseases Remicade.
Johnson & Johnson holds a number of patents on advanced drug…
"It's hard to say whether the company is the best in terms of stability or financial situation."
JNJ is one of only two companies with a AAA rating, so that probably says something about how their balance sheet is.
I have. I couldn't resist at $153, I've had them on my watchlist for an awfully long time and was waiting for a significant drop.
This is a super stable company. Not just because of what sector it's in, but what they do and how they do it. It's a nice dividend to top it off. At the very least, almost everyone should know it.