Again another earnings beat for JnJ. This just shows how jnj keeps growing as a company with its diverse portfolio of healthcare products.
B
Johnson & Johnson, while not filing for bankruptcy protection itself, may still avoid asbestos talc liabilities. This is done by spinning liabilities off to a newly created subsidiary.
M
In a recent online Barron's article titled "Johnson & Johnson Stock Is Soaring Because Earnings Beat, Raised Guidance", good news was announced about JNJ:
"Johnson & Johnson (ticker: JNJ) reported sales of $23.3 billion for the third quarter, up 10.7% from the same quarter last year. Adjusted earnings were $2.60 per share, up 18.2% from a year ago."
This news accounts for the nice pop in share price of over 3%.
O
So Yahoo has censors too. I thought I made a mistake by hitting the wrong key to enter my comment, so I entered again....now I know it's in Yahoo limbo. Completely innocuous comment too, just looking for an explanation on which source is competent enough to trust regarding vaccines. Wonder what "word(s)" put the kibosh on posting it? We all know that the government is pumping PFE and Moderna....too obvious. Now I read where PFE had a "secret" deal with the government....who can you trust?
X
Buy JNJ and sleep well at night for years
T
JNJ beats earnings estimate by $.25!
j
If you have 10 to 25+ years to invest, you cannot go wrong with JNJ. Just look at JNJ's track record from the 80s. It's one of the most secure stocks to own.
CDC ACIP Oct. 21 meeting will include discussions on $MRNA Booster dose data $JNJ Booster dose data NIH Mix & Match booster study v-safe & VAERS – 3rd dose Myocarditis
J
As usual and not suprising, another good quarter. Company just can’t stop growing.
M
Any chance of a dividend increase?
X
Rising premarket, green today, perfect moment to accumulate
S
Buying the dips is how you build wealth .....Those who jumped ship are regretting it now and those of us that added are smiling. Stocks will always go up and down,even this gem of a blue chip but it has always come back....Always. Bravo to those who didn't jump ship.
A
J&J is up $50 over the last 5 years. So many opportunities to buy good dips as well. Great dividend to back this position up.
$160 seems overvalued but this is a great time to buy. Buy the dips !!
J
Great move on Jnj’s pet in regards to the lawsuits. Still giving 2 billion dollars in compensation. Not peanuts
DESPITE Major financial Failures from the US Companies (Intel, Honeywell, IBM, Snap Scam), the US Government continues to PUMP the US Stock Prices Artificially. NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy. How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!! Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled! S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings! The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working! ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING! Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme! The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING! US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
The debt crisis in the US is similar to global warming — it is an incremental but enormous phenomenon that could trigger disaster at any given point.
The debt crisis in the US is similar to global warming — it is an incremental but enormous phenomenon that could trigger disaster at any given point.
www.businessinsider.com
J
More JNJ upside in Q4
b
JNJ & EBS should rise from here on good news! Check NTLA NVAX MRNA BNTX as well
M
New Brunswick, N.J.-based LTL Management LLC filed for bankruptcy protection in the Western District of North Carolina on Oct. 14, with its petition reporting $1 billion to $10 billion in assets and $1 billion to $10 billion in liabilities with funds available for distribution to unsecured creditors. The case has been assigned to Judge J. Craig Whitley (case No. 21-30589).
"J&J Likely Faces a Multi-Front Battle With Bankruptcy Maneuver"
"Johnson & Johnson's decision to saddle a newly formed subsidiary with its talc-related liabilities and place it in bankruptcy is likely to raise questions about the application of fraudulent transfer liability, the extension of the automatic stay to non-debtors, bankruptcy venue shopping and the good-faith nature of the case. The filing could aid J&J in reaching a settlement, but its initial $2 billion offer to fund the talc claims would likely increase."
(Leo: please accept my apology for posting about "talc")
X
Excellent Q3, JNJ is solid, healthy and growing. Very good
"Johnson & Johnson (ticker: JNJ) reported sales of $23.3 billion for the third quarter, up 10.7% from the same quarter last year. Adjusted earnings were $2.60 per share, up 18.2% from a year ago."
This news accounts for the nice pop in share price of over 3%.
$JNJ Booster dose data
NIH Mix & Match booster study
v-safe & VAERS – 3rd dose
Myocarditis
$160 seems overvalued but this is a great time to buy. Buy the dips !!
NASDAQ Composite Ponzi Scheme was 4800 in 2016 with much better fundamentals and better economy.
How that Fraudulent NASDAQ Composite index got PUMPED from 4800 to 15000 in no time, Despite Collapsing Economy, Tanking Corporate Revenues, Record high corporate Loss, Record Number of Bankruptcies, Astronomical Record High Debt levels, increasing international competition for each $1 revenue, Skyrocketing Inflation, Spreading Pandemic, Political Polarization, Limited Real Resources and most importantly Insane Overvaluation in the US Stock Market?!!!
Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) PONZI SCHEME has almost Doubled!
S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
The World Economy is Collapsing, people are starving, but the US Government is too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA PYRAMID SCHEME right now!!!
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https://www.businessinsider.com/national-debt-problem-of-free-money-stimulus-checks-covid-relief-2021-1?r=DE&IR=T
Check NTLA NVAX MRNA BNTX as well
LTL is a newly created and separate subsidiary of Johnson & Johnson established to manage and defend what the debtor calls “a virtual tidal wave of [talc-related] claims during the last five years.” Read the full analysis here: https://reorg.com/case-summary-johnson-johnson-pulls-trigger-on-texas-two-step-bankruptcy-for-talc-liability-ltl-management-enters-bankruptcy-supported-by-proposed-2b-fund-substantially-in-excess-of-a/
"J&J Likely Faces a Multi-Front Battle With Bankruptcy Maneuver"
"Johnson & Johnson's decision to saddle a newly formed subsidiary with its talc-related liabilities and place it in bankruptcy is likely to raise questions about the application of fraudulent transfer liability, the extension of the automatic stay to non-debtors, bankruptcy venue shopping and the good-faith nature of the case. The filing could aid J&J in reaching a settlement, but its initial $2 billion offer to fund the talc claims would likely increase."
(Leo: please accept my apology for posting about "talc")