Johnson & Johnson Stock Discussion

For the last 128 years, the iconic Dow Jones Industrial Average $Dow Jones Industrial Average(.DJI.US)$ has served as the premier health barometer for Wall Street. What began as a 12-stock index that primarily contained industrial companies has transformed into a 30-component index comprised of time-tested, multinational businesses that have consistently delivered for investors over the long run.
While most Dow Jones stocks aren't...

The whales ....
$Microsoft(MSFT.US)$ $Amazon(AMZN.US)$ $Alphabet-C(GOOG.US)$ $Apple(AAPL.US)$ $Meta Platforms(META.US)$ $NVIDIA(NVDA.US)$ $Visa(V.US)$ $JPMorgan(JPM.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $MasterCard(MA.US)$ $UnitedHealth(UNH.US)$ $Johnson & Johnson(JNJ.US)$ $Exxon Mobil(XOM.US)$ $Eli Lilly and Co(LLY.US)$

Wonder if anyone is shorting the market now? Whenever there is a small pullback, buyers will step in to push the market up.
It’s crazy how many record highs we have seen this year
$Alibaba(BABA.US)$ $Tesla(TSLA.US)$ $NIO Inc(NIO.US)$ $Super Micro Computer(SMCI.US)$ $NVIDIA(NVDA.US)$ $ARK 21Shares Bitcoin ETF(ARKB.US)$ $Johnson & Johnson(JNJ.US)$ $Arm Holdings(ARM.US)$ $Alphabet-A(GOOGL.US)$ $Apple(AAPL.US)$ $Amazon(AMZN.US)$ $Netflix(NFLX.US)$

Keep an eye on these recently announced M&As: 👀
$Merck & Co(MRK.US)$ to acquire EyeBio
$Biogen(BIIB.US)$ to acquire HI-Bio™
$Johnson & Johnson(JNJ.US)$ to acquire Proteologix
OnKure, Inc. merger with $Reneo Pharmaceuticals(RPHM.US)$
$Novartis AG(NVS.US)$ to acquire Mariana Oncology
What companies will be next? 🤔

$Johnson & Johnson(JNJ.US)$ has been under pressure due to talc lawsuits alleging its talc products cause ovarian cancer. In May, the company proposed a $6.5 billion settlement to resolve these claims. Despite this, J&J remains a top dividend stock with a 3.37% yield and has increased its dividend for 62 consecutive years. It has a forward P/E ratio of 13.79 makes it undervalued compared to the broader market. However, the firm does have more than forty new products in late stage clinical trials...

Market looked indecisive yesterday as they flipped between red and green zones throughout the trading session.
It seems like the stock market is struggling to find a strong footing as investors await an update from Fed on the latest trajectory and path of interest rates.
Another flat day today?
$Tesla(TSLA.US)$ $GameStop(GME.US)$ $SPDR S&P 500 ETF(SPY.US)$ $S&P 500 Index(.SPX.US)$ $Invesco QQQ Trust(QQQ.US)$ $Super Micro Computer(SMCI.US)$ $NVIDIA(NVDA.US)$ $Advanced Micro Devices(AMD.US)$ $Microsoft(MSFT.US)$ $Meta Platforms(META.US)$ $Alphabet-A(GOOGL.US)$ $Johnson & Johnson(JNJ.US)$ $Amazon(AMZN.US)$ $Netflix(NFLX.US)$ $Riot Platforms(RIOT.US)$