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Why Is Cliff Asness Bullish On Johnson & Johnson (JNJ)?


Published on 2025-01-18 11:01:37 - MSN
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  • We recently compiled a list of the 10 Best Stocks to Invest in According to Billionaire Cliff Asness. In this article, we are going to take a look at where Johnson & Johnson (NYSE:JNJ) stands against the other stocks recommended by Cliff Asness.

Cliff Asness, co-founder of AQR Capital Management, has expressed a bullish stance on Johnson & Johnson (JNJ) due to several factors highlighted in a recent analysis. Asness points out that JNJ has a robust portfolio of pharmaceuticals, medical devices, and consumer health products, which provides a stable revenue stream. He also notes the company's strong financial health, characterized by consistent dividend payments and a history of shareholder returns. Additionally, JNJ's strategic moves, like the planned spin-off of its consumer health business into a new entity named Kenvue, are seen as positive steps to streamline operations and focus on higher-margin sectors. Asness believes that despite short-term market volatilities, JNJ's long-term growth prospects, bolstered by innovation in its product pipeline and a solid balance sheet, make it an attractive investment. This optimism is further supported by JNJ's ability to navigate through economic cycles and its resilience in the face of legal challenges, making it a potentially undervalued stock in the current market environment.

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