Comments on: JNJ vs. JNJ *

By: Dividends4Life

Dividends4Life — Fri, 22 Feb 2008 03:00:00 +0000

American Dividend Investor: I saw your analysis and thought it looked great. How did you calculate the $67, a DCF?

Passive Income: I would not be disappointed if JNJ and GE wend down more - that just raises the yield!

Best Wishes,
D4L

By: Passive Income

Passive Income — Thu, 21 Feb 2008 16:54:00 +0000

MG/D4L: I agree GE/JNJ are good equity to hold on. I believe JNJ is going down marginally with stock market. Happy nibbling. About GE, I think it is not yet priced right, and waiting for right opportunity. Considering GE’s ROE and div yield, I believe it is slightly overpriced. Qualitatively, good stock to park your money (instead of CDs/Savings account). I own JNJ.

By: American Dividend Investor

American Dividend Investor — Thu, 21 Feb 2008 12:58:00 +0000

I’ve just completed my analysis of JNJ and I also rate it a buy for it’s earnings stability and relatively recession resistant products. However, I’m predicting only modest share price appreciation and have calculated the fair value to be around $67. So not much upside but lots of stability. I have my full analysis posted now.

Disclaimer: I have a position in JNJ with no intention of selling.

By: Dividends4Life

Dividends4Life — Wed, 13 Feb 2008 05:03:00 +0000

RacerX: I am excited to finally get into JNJ and it looks like it may be headed cheaper. That's ok because I am still buying.

MG: I agree they both phenomenal stocks. Unfortunately, they are not always priced to buy. They are now so I am going keep nibbling at them.

Best Wishes,
D4L

By: MG

MG — Wed, 13 Feb 2008 00:49:00 +0000

JNJ and GE are both ‘Forever’ stocks in my opinion. It is hard to find fault with either one right now. Their dividend and earnings growth histories are stellar.

By: RacerX

RacerX — Wed, 13 Feb 2008 00:47:00 +0000

I love JNJ due to it being fairly resession proof. Seems like a good potential investment, wish it was a smidge cheaper