Johnson & Johnson Keeps Growing On Pharma Strength

Healthcare giant Johnson & Johnson (NYSE:JNJ) has been a household name for decades, with mainstays like Band-Aid and Tylenol helping to drive consumer awareness of the company's extensive product list. Yet the consumer segment is now Johnson & Johnson's smallest in terms of sales, and the conglomerate's efforts to expand in the pharmaceutical and medical device arena have been vital to the company's overall success. Coming into Tuesday's second-quarter financial report, J&J investors were somewhat concerned that the company wouldn't be able to keep its bottom line moving upward. However, its results quashed those concerns and showed signs of life in some of the most challenging areas for J&J recently.