Wednesday, July 18, 2018

Recent buy: JNJ

I bought $3000 of JNJ today.

Forward PE of 15, cheap
At a low compared to its peak.
Steady business earnings and dividend increases for decades.
Recession resistant.
Dividend aristocrat
AAA balance sheet, cleanest in the world.
Conservative 2.8% yield with around 8% growth.

JNJ is my #2 position now.
Here are my top 5 positions. Over time with growth and additions they are reaching moderate 5 figure sizes.

Name Ticker Sector       Value
Altria Group Inc MO Staples $31,805.96
Johnson & Johnson JNJ Health $30,892.28
Visa Inc V Financial $30,206.00
Philip Morris International Inc PM Staples $28,093.25
Home Depot Inc HD Discret $25,731.12


  1. JNJ is great company. In my portfolio #6 biggest positions :) but I want add more soon.

  2. Nice buy, your JNJ position is slowly creeping up to MO. Way to add another $84 to those forward dividends! Best wishes and continued success. AFFJ

  3. As someone closely associated with JNJ, I can say it's a remarkable company.