Recent FDA approvals in JNJ’s drug pipeline are likely to contribute to top‑line growth, with forecasts factoring an impact beginning next fiscal quarter. This reinforces positive long‑term projections. Johnson & Johnson (NYSE:JNJ) is a multinational corporation engaged in researching, developing, manufacturing, and selling various products. Over the last few years, the company has been shifting its focus from consumer health products toward the pharmaceuticals and medtech sectors, which offer significant opportunities for growth. TipRanks is a comprehensive research tool that helps investors make better, data-driven investment decisions. Healthcare ETFs have increased their JNJ weighting, signaling market confidence in stable earnings. The latest JNJ stock forecast from major Wall Street firms remains “Overweight” due to robust cash flows and consistent dividend growth.
Return this item within 90 days of purchase.
Get an immediate answer with AI
AI-generated from the text of manufacturer documentation. To verify or get additional information, please contact The Home Depot customer service.