Monday, January 25, 2021

Tradding Idea Johnson & Johnsons

 Johnson & Johnsons's stock price may fall after the healthcare giant publishes its earnings report on Tuesday, January 26.

The successful launch of the COVID-19 vaccine this company has been developing could drive the stock price higher. Though early results look good. There are other issues that discourage investors and limit J&J's progress. They include lawsuits on other products, flat revenue numbers, and low RSR. 

Consensus forecasts have EPS at $1.83 . If EPS is short of this target. We expect JNJ's price to go down. 


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