JNJ Stock Price Target: Room to Grow
This article was written by Cole Winston, a Financial Analyst at I Know First.
Johnson and Johnson: Room to Grow
Summary
- Healthcare
- Governance
- Business and Financial Performance
- Price Action
- Conclusion
It is something of an incontrovertible truth that one should try and avoid markets that are trading at all time highs for long positions or all time lows for short positions. This guiding principle, however, is false. There are countless examples of past assets that were believed to be either overvalued or undervalued, yet continued to rise or fall for much longer afterwords, causing many missed opportunities. This is especially true when the underlying fundamentals support this technical possibility. As