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JOHNSON + JOHNSON DL 1JJ

JOHNSON + JOHNSON DL 1

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JNJ trade ideas

JNJ - created modern day nicotine?Called Norman "revolutionary type of poppy" and then marketed as a pain reliever. They totally knew what they were doing and it looks like they were on top of it all as the vertical integrator and setting up companies so as to not have it directly associated with JNJ. At the end of the day we may find out they actually supplied everyone including Purdue. Let's not forget they also have multiple jurisdiction lawsuits going against them on talcum powder and the fact they knew it was carcinogenic. So know 2 large cases of knowingly misleading the public.
NShort
by Hatchetaxe
J&J vs opioids (Johnson is winning)Fundamental analysis In one of the first state opioid cases, an Oklahoma judge ruled against Johnson & Johnson, awarding the state $572 million, well below the over $17 billion the state was seeking in damages. Meaning... out of the 17 billion, they lost only 3.36%, and they expect to appeal the case, probably lowering this amount. Technical analysis On a technical analysis, I still think the risk reward ratio is too small to enter a position now. But technicals are good (not great). So I am keeping this on my watchlist.
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by dorfmanmaster