Valuation Observations for Johnson & Johnson (NYSE:JNJ)
Stock Traders Daily has issued Valuation Observations for Johnson & Johnson (NYSE:JNJ). Our fundamental observations include references to all aspects of the financial statements in addition to current and future growth rates as those are attributable to stock price.
Here is an excerpt from that report:
"...this stock is not priced properly based on its growth rate or its future growth rate. Investors may have been in this stock to benefit from a turnaround..."
The entire report can be found in our institutional research section.
Stock Traders Daily continues to favor proactive trading strategies over buy and hold strategies in a market whose PE ratio is 25x as is the case in the S&P 500. A viable option for proactive investors may be our LETS strategy.