JNJ ideaIf we keep seeing rotation into value, JNJ is a good pick imo Entry: 173.50 Target: 175.30 / 179.65 ***Disclaimer: This is just a trading idea, not a financial advise***Longby TheBullandBearLounge3
Johnson & Johnson | Fundamental Analysis | LONG SETUP ⚡️For much of the previous decade, the stock of diversified healthcare behemoth Johnson & Johnson has consistently delivered market returns (if you count dividends as part of total return on equity). Investors flocked to this company because of its solid balance sheet, its status as a dividend aristocrat, and its unique ability to consistently bring new blockbuster pharmaceutical products to market in a timely manner. Since the beginning of this decade, however, J&J stock has largely underperformed the broader markets. The stock has lost its luster recently because of the baby powder litigation, the lack of enthusiasm among investors for the $30 billion acquisition of Actelion, the maker of pulmonary arterial hypertension drugs, its high valuation, and the relatively low sales of its COVID-19 vaccine. Will J&J stock be able to return to its previous market successes or should investors move to a more favorable environment? Here's a look at both sides of the question. 1. J&J may be one of the top stocks in healthcare today, but this $444 billion titan is about to undergo some major changes that could lead to a decline in its performance. According to a Nov. 12 announcement, the company plans to split into two businesses over the next 24 months. One of the new businesses will focus on consumer health products and the other on the development and commercialization of pharmaceuticals and medical devices. The transition will be one of the largest in the company's 135-year history, and it will entail reshuffles in all areas, including senior management. This means that serious risks loom on the horizon that shareholders have not yet had to deal with. Splitting the business in two may turn out for the best, but it's important to remember that things haven't been going in the right direction for some time. Over the past five years, quarterly revenue has grown by only 28.9 percent, while quarterly profit margins have fallen by 25.4 percent. Similarly, quarterly net income is down 3.85% and quarterly free cash flow (FCF) is down more than 19% over the same period. There is no guarantee that the separation will solve these problems. In addition to the uncertainties associated with the separation, the company also faces new hurdles regarding revenue from the coronavirus vaccine, which is expected to bring in $2.5 billion in 2021. On Dec. 16, the Centers for Disease Control and Prevention issued a recommendation that the company's vaccine should not be used if vaccines from competitors such as Pfizer are available. The recommendation comes amid ongoing concerns about the J&J vaccine's poor efficacy and its ability to cause rare and life-threatening complications in some people. Therefore, this is a particularly risky time to invest in J&J stock. Time will tell if the company can gracefully survive its breakup. 2. Wall Street has not been particularly receptive to J&J's proposed separation and for good reason. After all, the company's health care division contains several iconic brands, such as Benadryl and Tylenol, which are proven cash cows. Wall Street's fears about this separation, however, may have been exaggerated. As evidence, Pfizer recently went through a slimming process, separating its legacy products business without any adverse consequences. And J&J, for its part, seems more than capable of pulling off the same maneuver without any major hitches. This is evidenced by a wide range of fast-growing pharmaceutical products, such as the multiple myeloma drug Darzalex, the immune-mediated inflammatory disease drug Stelara, and the plaque psoriasis drug Tremfya. It was these three key products that drove the company's pharmaceutical segment in the third quarter of 2021, up 13.8% from a year ago, excluding acquisitions and sales. Moreover, J&J is one of the best in the business at launching new pharmaceutical products for areas with large unmet medical needs. In fact, this separation should allow the company's pharmaceutical division to shine from a top-line perspective. And that's a big plus for growth-oriented investors. Income investors may be concerned about the potential impact on the company's much-desired dividend. Fortunately, J&J management has already said that future dividend payments should remain about the same as the current quarterly distribution after the split. Overall, J&J stock seems poised to turn into a top play for growth and earnings after the upcoming split.Longby FOREXN13
JNJ poised for a breakout of resistanceJNJ in an attempt to breakout resistance @ 170-172 with a good setup pattern. Please see the details on the chart. Take notice that JNJ is a defensive stock, just in case. Thx.Longby Modest-Trader0
JNJ Formed a nice Double Bottom patternHi everyone, $JNJ formed a nice Double Bottom pattern on Daily timeframe . The price hit twice the strong support formed at around 155 price level. It recently broke the resistance level at 167 and now it is ready to test it again as a support level. If tested successfully it offers a really nice buy setup. If you like the idea, do not forget to support with a like and follow. * 𝗧𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘀𝗵𝗮𝗿𝗲𝗱 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗶𝘀 𝗻𝗼𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲 𝗮𝗻𝗱 𝗶𝘀 𝗳𝗼𝗿 𝗲𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗽𝘂𝗿𝗽𝗼𝘀𝗲 𝗼𝗻𝗹𝘆! 𝗔𝗹𝘄𝗮𝘆𝘀 𝗰𝗼𝗻𝗱𝘂𝗰𝘁 𝘆𝗼𝘂𝗿 𝗼𝘄𝗻 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵. Longby preduta2
$JNJ...Nice relative strength today on this name which we pointed out on the live stream in our group. Market fading some gaps, but whole market not crashing as healthcare and others with nice moves so far! Go with what's strong! $PFE still going from yesterday too!by UnknownUnicorn31622320
johnson & johnson(jnj) is collecting its potential for new ATHAfter correction, NYSE:JNJ started its bulling trend to break its ATH. Note: Market has two sides and we should not trade according to prediction and assumption, while you should notice the time of the market. Longby pezhmanrz110
$JNJ breaks todays resistance. $JNJ possible bullish continuation after breaking out from todays resistance. buy calls above $171.50 buy puts below 167.76Longby CHRIS_B580
JNJ (Johnson & Johnson) is BullishPrice closed above EMA 10, EMA 20, and Horizontal Support Resistance Level.Longby TradeLive-0
Mega Candle in Johnson & JohnsonJohnson & Johnson is often a dull stock, but it had some exciting price action yesterday. The health care giant dropped 1 percent in the initial seconds of trading, undercutting Friday’s low. Buyers immediately came out of the woodwork, driving the stock to its highest close in over three months. The result was a large bullish outside candle. Next, the surge planted JNJ back above its 200-day simple moving average (SMA) for the first time in almost as long. Third, the recent bounces near $158 created something of a W-shaped double bottom. Fourth, safe-havens like health care have gained relative strength in the last week as investors brace for a hawkish Federal Reserve. JNJ has also enjoyed some interesting news lately. Quarterly results on October 19 were better than expected. It followed on November 12 with a plan to split into two companies. That’s potentially a big deal because spinoffs can allow multiple expansion as investors assign different valuations to various business lines. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation10
$JNJ bullish continuation. $JNJ setup looks good right now. it could possibly continue to go up tomorrow. just FYI this stock moves about $2-2.50 on average. so its moves kinda slow. next resistance is $170.50 buy above 169.24 sell at 166.70Longby CHRIS_B58440
Johnson & johnson BUY opportunity on DEMAND ZONENice opportunity to go long on JNJ within the area between 161 and 165. The best is to wait until the price enter the zone highlighted. The level should hold the price between this zone, so keep an eye on it and secure your profits. Happy trading.Longby NivertoUpdated 3
Signal buy $JNJTSI Shadow triggered a bullish crossover and candles have closed above the Filter Line. I will buy shares at the open today. I will scale out 50% of my position when it hits 3R (11.63%) and let the rest run until price close below the 100-200 cloud/ribbon I will not close the trade if price close below the 100-200 EMA cloud before price reaches the 3R, i will let it open until it hits the stoploss Discounted Cash Flow valuation between $ 207 to $ 227Longby sufiansaid2
Procasting Price action COviD 19 JNJInitial entry 162 Re Entered at 164, stop 155, target 170. by MCFX88Updated 0
JNJ Potential for a move upI am a data science enthusiast and decided to share some of my models results here. My current model scans over 300 stocks and 300 etfs. It tries to predict probable moves over the next 10 trading days. JNJ has been one that has been highlighted. Think the model is on to something considering that it has had quite a move down the last few months. The model has predicted 6 for JNJ which means it is expecting a reasonable move up over the next 10 days. I use python for all my scripting of the machine learning. If you know about sklearn it can generate a confusion matrix like below for JNJ. I have included the confusion matrix on the chart where columns are what my model predicted and the rows are what the values actually were. The values 0 to 1 are indicative of a negative return over the next 10 trading days and 2 to 7 positive moves. 0 means a are large expected down move and 7 a large expected upward move for the stock. Also have a look at my Patreon page where I publish more ideas: www.patreon.comLongby AuthenticTrader1010
A bit of positive divergence.Perhaps JNJ can lift-off after a long consolidation. We have a bit of positive divergence on our side (price down/RSI up), along with negative real interest rates and positive seasonality.by jgtslaterjr0
JNJNYSE:JNJ formed a head and shoulder on a daily time frame it will reach the target when it breaks the neck downLongby madridi23220
JNJ - STOCKS - 29. OCT. 2021Welcome to our Weekly V2-Trade Setup ( JNJ ) ! - 4 HOUR Bearish turnover towards main sr! DAILY Expecting another push to the upside.. WEEKLY Great long entries and pa - STOCK SETUP BUY JNJ ENTRY LEVEL @ 161.48 SL @ 159.16 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALANLongby DACapitalTradingUpdated 151513
JNJ...did not bottom yet... C wave just started... JNJ.... has not bottomed yet... C wave has just started... potential bottom at 144... and then potential for it to start 5th wave rally... we will see..not confident on this. by VishalPatel12220
Johnson & Johnson | Fundamental Analysis | MUST READ ⚡️The world's largest health care company is about to get a little smaller. Johnson & Johnson recently told investors that it intends to spin off its consumer health products business into a separate new company. If you've been considering these dividend-paying stocks for one reason or another, there's nothing wrong with the impending split. In fact, it makes the stock much more attractive. Here's a closer look at the company's plans so you can see why. Johnson & Johnson is a huge conglomerate with more than a hundred separate subsidiaries divided into three operating segments: pharmaceuticals, medical devices, and consumer health. Janssen, the company's pharmaceutical business, is the largest and fastest-growing of its subsidiaries. Pharmaceutical sales growth is outpacing the diverse medical devices segment, but the company wants to keep the two segments together. That's because convincing doctors to order knee replacement devices is not that much different than convincing doctors to prescribe a new cancer treatment. Johnson & Johnson practically created the consumer health care business more than 130 years ago, so at first, its division will seem strange. However, when the dust settles, the separation will likely benefit investors. The consumer healthcare segment is expected to generate about $15 billion in revenues in 2021, about 7 percent more than in 2020. The as-yet-unnamed new consumer health drug company will start with 20 different brands with annual sales of more than $150 million. The 7% growth rate that J&J expects this year in terms of underlying revenue for the consumer health segment is pretty good. Unfortunately, the comparison to 2020, when people made significantly fewer purchases, is a bit misleading. Not surprisingly, Johnson & Johnson wants to focus on pharmaceutical sales. Over the past five years, pharmaceutical sales have grown at an impressive rate of 9.2 percent a year. Over the same period, the company's other two segments have struggled to keep moving in the right direction. Revenue from the high-margin pharmaceutical segment also had a much stronger impact on the bottom line. In the third quarter, adjusted pre-tax income from the pharmaceutical segment was $5.7 billion. Pre-tax earnings from medical devices and consumer healthcare were $1.7 billion and $0.9 billion, respectively. If you're interested in buying Johnson & Johnson stock before it transforms into two companies, you have plenty of time to think it through. The company plans to complete the planned spin-off in 18 to 24 months. Shares of both new companies will initially have smaller payouts, but don't let that worry you. Dividend payments on both new shares are expected to be the same amount that shareholders will receive before the split. At recent prices, Johnson & Johnson stock offers an attractive yield of 3.1 percent, and investors can expect much higher returns on their initial investment in the future. The company is a dividend aristocrat that has not had a single year without a payout increase since the Kennedy administration. Johnson & Johnson's dividend program stands on such a solid foundation that steady increases in the coming years should not be a problem. Over the past 12 months, the company has used just 42% of the free cash flow generated by operations to pay dividends. It should be noted that these dividend-paying medical company stocks may not be suitable for every investor, especially those who are willing to take high risks in exchange for the chance to make huge profits. While it is unlikely that Johnson & Johnson will far outperform the broad market, investors can reasonably expect two steadily increasing dividend payments for years to come.Longby FOREXN1779
A safe 45% growth over the next 1-2 yrsJNJ is finishing wave 3 that started in october of 2020 - Wave 1 started during the covid crash. Wave 3 is generally 1.618 extension the length of wave 1, placing the next target of growth to end at 241 dollars, roughly 45% growth. A good safe play for growth for your capital over the next 1-2 yrs.Longby lonercapitalist0
JNJ - How long it will take for it to bounce ? JNJ is in it's 4th wave. Corrective bounce B wave has started. Expect one more C wave to take stock lower before the 4th wave is complete . Longby VishalPatel12110
JNJ Potential Bull Flagprice bouncing between VWAP Pinch hoping to see break above price resistance/upper VWAPLongby tacojohnny990
$JNJ with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $JNJ after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 88.89%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.Longby EPSMomentum0