tag:blogger.com,1999:blog-2371295367923834063.post5203646786123528675..comments2008-02-21T21:00:01.200-06:00D4Lnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2371295367923834063.post-7687717003633065502008-02-21T21:00:00.000-06:002008-02-21T21:00:00.000-06:00

American Dividend Investor: I saw your analysis and thought it looked great. How did you calculate the $67, a DCF? <BR/><BR/>Passive Income: I would not be disappointed if JNJ and GE wend down more - that just raises the yield!<BR/><BR/>Best Wishes,<BR/>D4L

Dividends4Lifehttp://dividends4life.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-15921192306893187222008-02-21T10:54:00.000-06:002008-02-21T10:54:00.000-06:00

MG/D4L: I agree GE/JNJ are good equity to hold on. I believe JNJ is going down marginally with stock market. Happy nibbling. About GE, I think it is not yet priced right, and waiting for right opportunity. Considering GE's ROE and div yield, I believe it is slightly overpriced. Qualitatively, good stock to park your money (instead of CDs/Savings account). I own JNJ.

Passive Incomehttp://www.blogger.com/profile/01158365117506993948noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-40865559403695171812008-02-21T06:58:00.000-06:002008-02-21T06:58:00.000-06:00

I've just completed my analysis of JNJ and I also rate it a buy for it's earnings stability and relatively recession resistant products. However, I'm predicting only modest share price appreciation and have calculated the fair value to be around $67. So not much upside but lots of stability. I have my full analysis posted now.<BR/><BR/>Disclaimer: I have a position in JNJ with no intention of

American Dividend Investorhttp://americandividendinvestor.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-44951601964052068452008-02-12T23:03:00.000-06:002008-02-12T23:03:00.000-06:00

RacerX: I am excited to finally get into JNJ and it looks like it may be headed cheaper. That's ok because I am still buying.<BR/><BR/>MG: I agree they both phenomenal stocks. Unfortunately, they are not always priced to buy. They are now so I am going keep nibbling at them.<BR/><BR/>Best Wishes,<BR/>D4L

Dividends4Lifehttp://dividends4life.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-46137548522923768502008-02-12T18:49:00.000-06:002008-02-12T18:49:00.000-06:00

JNJ and GE are both 'Forever' stocks in my opinion. It is hard to find fault with either one right now. Their dividend and earnings growth histories are stellar.

MGhttp://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-2371295367923834063.post-79455616948144634242008-02-12T18:47:00.000-06:002008-02-12T18:47:00.000-06:00

I love JNJ due to it being fairly resession proof. Seems like a good potential investment, wish it was a smidge cheaper :)

RacerXhttp://www.blogger.com/profile/04101799343286185259noreply@blogger.com