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Johnson And Johnson Mission Statement

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Johnson & Johnson (JNJ) is Set to Make Solid Profits
Johnson & Johnson (NYSE:JNJ) spiked above 3% in the last week following Donald Trump’s presidential election victory. Healthcare stocks were considered weakest performers this year, possibly will become winners after Trump’s win, as Obamacare reforms are likely to replace. On the other hand, Trump hasn't yet presented a comprehensive substitute to the Affordable Care Act, but he is expected to support competition between markets.
Alike other healthcare stocks, JNJ will also get a support through the replacement of Obamacare reforms. Aside from Trump’s win, Johnson & Johnson continues impressing investors with strong performances over the last couple of quarters. The company’s stock price surged nearly 15% since the start of this year, …show more content…

“With a number of regulatory approvals, several new drug application submissions and new breakthrough therapy designations from the FDA, we are increasingly confident in our pipeline expectation of filing 10 new pharmaceutical products between 2015 and 2019, each with revenue potential over $1 billion," said Alex Gorsky, Chairman and Chief Executive Officer. "Our broad-based business model, strategic investments and talented colleagues position us well for continued leadership in health care."
Aside from sales growth, JNJ’s productivity gains and cost cutting are driving double-digit growth in earnings. The company generated earnings per share growth of 12.5% in the third quarter compared with same period last year. Following solid third quarter performance, the company maintained its sales guidance for the full-year, but increased its adjusted earnings guidance to $6.68 - $6.73 per share. On the whole, Johnson & Johnson is a good pick for both value and dividend

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