10-04-2019, 10:00 PM
(10-04-2019, 01:53 PM)ChadR Wrote: Johnson & Johnson, JNJ. Hard to not go with the bluest of blue chips. Probably a little overvalued right now, but not too bad. 2.9% dividend for an extremely safe stock. Always great to load up on them during any dips.
Stock to avoid would be General Electric, GE. Yeah, I'm probably cheating here, but they do have exposure to healthcare.
Strongly agree. I've owned JNJ for over 20 years. I never traded it all that time, but sold some around 148 because it was getting a little frothy IMO, but buying it back gradually now. The next twenty won't likely be like the last 20 because it is so huge, but seems like a hold forever stock if there ever was one. There a lot of healthcare stocks I find attractive with patience. Perhaps more than any other sector.