Johnson & Johnson for the European investor

Johnson & Johnson (JNJ) is one of the biggest, most stable companies in the world. It belongs to the Pharma and Healthcare sector. Its main advange is its diversifcation and high dividend. Its weakness is the caducity of its patents. The chart on our left shows the price of the stock paid in euros (click on to enhance). As we can see there was a really bad bearish movement starting in April 2002. However, now, it seems it´s creating a floor where could be used to start a new upward movement in the next years. It´s going to take time probably, but compare the past performance: it looks really nice.