by winston » Wed Jun 22, 2016 8:23 pm
THE LONG-TERM UPTREND IN EVERYDAY PRODUCTS
It isn't "exciting," but it works...
That's the theme of today's Market Notes. And perhaps no company has more products in your house than Johnson & Johnson (JNJ). The company makes diaper-rash relief Desitin, hair-growth treatment Rogaine, Band-Aid bandages, Listerine mouthwash, Tylenol pain relief, Visine eye drops, and countless other brands that are likely in your medicine cabinet.
One of the world's largest consumer-health-product companies, Johnson & Johnson has been a household staple for 130 years. It owns more than 265 companies across 60-plus countries and has around 125,000 employees.
Due to its incredible number of products, Johnson & Johnson generates safe, reliable returns year after year. And it passes much of that along to its shareholders. It has increased its dividend every year for the last 54 years.
Over the last four years, Johnson & Johnson has also seen big gains in its share price. Shares are up nearly 75% over the last four years, and recently hit a new multidecade high. It's a bull market for this blue-chip dividend-payer...
Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"