Stock to Watch - Johnson & Johnson (JNJ) - Entered a Trade

in #stocks • 5 years ago

PSX_20200401_053414.jpg

I just entered a trade on JNJ for the following reasons:

  • Coronavirus vaccine play
  • Valuation - Fair Value is $191.00 and the current price is $129.15
  • JNJ's short term assets ($45.3B) exceed its short term liabilities ($36.0B)
  • MACD as crossed Bullish
  • Dividend Yield of 2.90%

Problems

  • RSI slightly turned down
  • Long Term Liabilities: JNJ's short term assets ($45.3B) do not cover its long term liabilities ($62.3B).
#money #investing #drugs #trading
5 years ago in #stocks by
$0.03
  • Past Payouts $0.03
  • - Author $0.02
  • - Curators $0.01
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     5 years ago  

    Please use #leofinance tag to earn some LEO toke. Also, consider to join the community.

    Posted via Steemleo

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