3 Reasons Investors May Want To Sell Johnson & Johnson (JNJ) Stock
11/22/2016 7:10:19 AM
Johnson & Johnson (NYSE:JNJ) has arguably been one of the best stocks to own for years. The company claims multiple successful brands, from Aveeno to Zytiga. But as much as I like J&J, investors might want to consider selling the stock. Here are three irrefutable reasons why.
1. There are better growth opportunities
Johnson & Johnson grew revenue in the first nine months of 2016 by a relatively anemic 2.9% compared to the prior-year period. Net earnings increased during the same period increased by 4.4% year over year. Those aren't impressive numbers if you're looking for growth.
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