Johnson & Johnson "No More Tears" Doesn't Apply to Shareholders (JNJ)

baby shampoo JNJJohnson & Johnson (NYSE:JNJ) shares are either priced at a discount or are in store for more pain.  Too bad the company's Baby Shampoo slogan doesn't apply to shareholders, because the tears keep flowing.

The media isn't helping the company's image as its shares are now trading at levels not seen since March of 2009 when every other stock was cheap as hell.  Turns out JNJ shares haven't been this low (with that March exception and in 2007) in five years and the question is how much will this massive recall cost the company thus should you be buying?

Reading to consider if you are pondering should I buy JNJ on the downswing:

To Pay the Bills, Please Review our Mastery Sponsors:

Johnson & Johnson Falls 9% Since Recall News (JNJ)‎ (WallStNation.com)

 

How Much Is This Going to Cost J&J?‎ (fool.com)

Calls Sold on Johnson & Johnson (JNJ)- Benzinga

Trading Idea - JNJ Breaking Down?- TradersHuddle.com

Reasons to like JNJ at this price?

P/E (ttm): 12.25
EPS (ttm): 4.76
Div & Yield: 2.16 (3.60%)


JNJ's chart:

Chart forJohnson & Johnson (JNJ)

 

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

Image CAPTCHA
Enter the characters shown in the image.