Johnson & Johnson Stock Quote: $175.91 as of 2/28/23

Johnson & Johnson's Stock Performance in 2023

Johnson & Johnson (J&J) has had a solid performance in the stock market in 2023. As of February 28th, 2023, the company's stock is trading at $175.91, up 4.5% since the beginning of the year. This outperforms the S&P 500 index, which has gained 2.7% over the same period.

J&J's stock has been driven by a number of factors, including strong financial results, positive analyst recommendations, and a favorable regulatory environment. The company recently reported fourth-quarter earnings that beat analysts' expectations, and the company's sales and profits have been growing steadily over the past several quarters.

Analysts are generally positive on J&J's stock

Analysts are generally positive on J&J's stock. The average analyst rating on the stock is a "buy," and the average price target is $185.00. This suggests that analysts believe that J&J's stock is undervalued and has room to grow.

J&J's stock is a good long-term investment

J&J's stock is a good long-term investment for a number of reasons. The company has a strong track record of financial performance, a diversified portfolio of products and services, and a strong competitive position. J&J also pays a dividend, which provides investors with a source of income.

Factors to Consider Before Investing in J&J

Before investing in J&J, investors should consider the following factors:

• Competition: J&J faces competition from a number of large and well-established companies. This competition could put pressure on J&J's margins and profits.
• Regulatory Changes: J&J is subject to a number of regulatory agencies. Changes in the regulatory environment could impact J&J's business.
• Legal Issues: J&J is involved in a number of legal cases. These cases could result in significant financial costs for J&J.

Overall, J&J's stock is a good long-term investment.

Overall, J&J's stock is a good long-term investment. The company has a strong track record of financial performance, a diversified portfolio of products and services, and a strong competitive position. J&J also pays a dividend, which provides investors with a source of income. Investors should consider the factors discussed above before investing in J&J.

Frequently Asked Questions

What is J&J's stock symbol?

J&J's stock symbol is JNJ.

What is J&J's market capitalization?

J&J's market capitalization is approximately $450 billion.

What is J&J's dividend yield?

J&J's dividend yield is approximately 2.5%.

Conclusion

J&J is a large and well-established company with a strong track record of financial performance. The company's stock is a good long-term investment for investors who are looking for a diversified portfolio of products and services.

Additional Information

• Johnson & Johnson's website
• Johnson & Johnson's stock quote
• Johnson & Johnson's SEC filings