How to buy Johnson & Johnson stocks (2024)?
Do you want to buy Johnson & Johnson stocks in 2023? Follow the steps in this article to invest in Johnson & Johnson shares directly. On this page, you will find all the information you need to make a wise investment in Johnson & Johnson stocks.
How to buy Johnson & Johnson stocks?
Johnson & Johnson can be a great addition to a well-balanced stock portfolio. With its activities in different regions and sectors, it is a diversified investment. Moreover, the stock pays a solid and stable dividend annually.
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What is the stock price of Johnson & Johnson?
Do you want to know how the stock price of Johnson & Johnson performs? In the graph below, you can see at what price you can buy and sell Johnson & Johnson stocks.
Company information of Johnson & Johnson
Below you can find the most important company information of Johnson & Johnson.
Analysis of Johnson & Johnson stocks
Before deciding to buy or sell Johnson & Johnson shares, it is essential to analyse the stock thoroughly. In the overview below, you can see how Johnson & Johnson has performed in the past period.
Stock prices of Johnson & Johnson over the last 5 days
In the table below, you can see the stock prices of Johnson & Johnson of the last 5 days:
What is the forecast for Johnson & Johnson in 2024?
Do you want to know what analysts think Johnson will do in 2024 and the years after? We have combined the forecasts of analysts using the data from Alpha Vantage. Keep in mind that this figure is just a prediction of the stock performance of Johnson and may not come true.
Why could it be wise to buy Johnson & Johnson stocks?
- Diversification: Johnson & Johnson has a diverse portfolio of health-related products and services.
- Strong brand: Johnson & Johnson has built a good reputation worldwide.
- Global presence: as Johnson & Johnson is active in more than 60 countries, disappointing results in one region can be offset by good results in another area.
- Strong financial results: the company has built a good financial position.
- Legal problems: Johnson & Johnson has faced various lawsuits, such as the one regarding baby powder. These types of lawsuits can cost the company a lot of money and lead to reputational damage.
- Pricing: Johnson & Johnson is pressured to lower its prices, which could affect the company’s profit margins.
- Competition: if competitors manage to take market share, the stock price may decline.
- Key products: Johnson & Johnson relies heavily on a few important products for a large part of its revenue.
- Reputation: Johnson & Johnson has been convicted in lawsuits multiple times, which can damage the company’s reputation.
What are the biggest competitors of Johnson & Johnson?
- Pfizer
- Novartis
- Merck & Co
- Roche
- GlaxoSmithKline
How to invest in Johnson & Johnson stocks?
Before you can buy Johnson & Johnson shares, you first need an account with a stockbroker. Brokers make it possible to buy and sell stocks directly.
With most brokers, you will need to activate your account by uploading a copy of your passport and address. Once your account is activated, you can start investing in Johnson & Johnson shares.
To accomplish this, select the Johnson & Johnson stock within the platform and enter the amount you want to invest. You can choose between two types of orders:
- Market order: with a market order, you open the position at the current price.
- Limit order: with a limit order, you set a maximum price that you would like to pay.
After you send the order, you will see it within your account within a few seconds. You can then sell the Johnson & Johnson stocks at any time.
About Johnson & Johnson
The American company Johnson & Johnson is globally active in the pharmaceutical industry, and produces both medical and consumer products. The company has three divisions: medical devices, pharmaceuticals, and consumer products.
The pharmaceutical division generates 50 percent of the revenue, while the consumer products division generates 16 percent of the revenue. Half of the total revenue of this globally active company is generated in the United States. The headquarters of Johnson & Johnson is located in the city of New Brunswick in the American state of New Jersey.
History of the company
Johnson & Johnson was founded in 1886 by brothers Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson. The company’s first product was a bandage with antibacterial agents.
Acquisitions
Johnson & Johnson acquired several other companies. The Belgian company Janssen Pharmaceutica was acquired in 1961. In 1999, Centocor, now Janssen Biotech, was acquired. The consumer division of Pfizer was acquired in 2006.
In October 2010, Johnson & Johnson offered 1.75 billion euros for the remaining shares of Dutch company Crucell, of which it already owned 18% of the shares. This acquisition was completed in February 2011. Crucell merged into Janssen Pharmaceutica in October 2014.
In August 2020, Momenta Pharmaceuticals was acquired. This company develops biological drugs to treat rare immune diseases.
As you can see, Johnson & Johnson is very active in acquiring other companies. This can be a smart strategy: it increases the company’s product offerings and spreads the risks across different categories. If the company makes a smart acquisition, it can be a good reason to buy Johnson & Johnson shares.
Johnson & Johnson stock listing
In 1944, the company was listed on the New York Stock Exchange. The company is one of the companies on the Dow Jones Industrial Average Index.
Controversies surrounding Johnson & Johnson
The company promoted prescription drugs that were not registered. It is also alleged that bribes were paid to doctors. In 2013, a settlement was reached with the US Department of Justice for $2.2 billion. Additionally, the company was placed under stricter supervision.
Opioid crisis
By concealing the side effects of painkillers provided by the company, the company contributed to the ‘opioid crisis’. Since 2000, hundreds of thousands of Americans have died after taking an overdose of a painkiller. In 2019, a judge ordered the company to pay a fine of $572 million to the US state of Oklahoma.
The drug Risperdal, which has the side effect of breast formation in boys, was promoted by the company in an unauthorized manner. The company was fined $8 billion by a jury.
Such controversies and scandals can put pressure on the company’s results. As an investor, it is important to keep a close eye on the latest developments. The stock price can come under significant pressure when the company receives negative attention. As an active trader, you can take advantage of such issues by taking a short position.
When considering an investment in Johnson & Johnson stocks, it is important to compare the strengths and weaknesses. Dive into the financial data and examine how the stock performs compared to the competition.
Furthermore, study whether there are any problems with the operations of the company. Johnson & Johnson faced multiple lawsuits in the past that put pressure on the company’s performance.
Only buy Johnson & Johnson stock if you are sure they fit within your investment profile. Even after you have bought Johnson & Johnson stock, it is essential to regularly evaluate its performance.
Auteur
Over Alex Mostert
When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.