Johnson & Johnson: Healthcare For The Win


  • We share another one of the 22 Mega Cap stocks we see with potential for new all-time highs into 2023.
  • Note how we use the intersection of fundamentals with technicals to find high probability setups for traders and investors.
  • We look at the fundamentals for JNJ along with its historical valuation range compared with treasury yields.
  • The technical picture is also aligning with the fundamentals. We outline key price levels and the current setup.

Change concepts with red paper airplane leading among white


By Levi at StockWaves; produced with Avi Gilburt

It was back in mid-November, just a few short weeks ago, that our lead analysts in StockWaves published a list of 22 Mega Cap stocks with potential for new all-time highs into 2023. Zac









Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in JNJ over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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