Johnson & Johnson : A good level to buy
Entry price | Target | Stop-loss | Potential |
---|
US$0 |
US$121.31 |
US$115.3 |
+∞% |
---|
Johnson & Johnson shares are closing back in on major support levels around 115.48 USD based on daily price data, which could offer attractive entry points.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 115.48 support.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The tendency within the weekly time frame is positive above the technical support level at 112.64 USD
Weaknesses● With an enterprise value anticipated at 4.31 times the sales for the current fiscal year, the company turns out to be overvalued.
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