12-11-2013, 07:16 PM
(12-08-2013, 08:22 PM)Dividend Mantra Wrote: That being said, I think it's likely JNJ will still continue growing at a rapid pace for the foreseeable future. The economy is totally different now than it was back in the 80's. It's a global economy now, instead of us vs. them. There are a lot more people alive now than there were back then as well. That means more people to consume their products. And the middle class around the world is burgeoning. There are billions of people around the world that can actually afford basic goods now, and have access to some semblance of modern medicine. In addition, demographics here in the U.S. bode well for JNJ with the boomers growing old.
Really great thoughts there, DM. I tend toward the pessimistic side sometimes. Glad to be reminded of the tailwinds too!