Johnson & Johnson (NYSE:JNJ) is a perennial favorite among investors, thanks to its long history and reliable dividend payouts. The company operates a plethora of consumer brands and has been able to withstand the test of time. That being said, it is possible to find stocks that might be more appealing in more ways than one.
Most investors love Johnson & Johnson for its diversified business, and the fact that it's a defensive consumer products company that is able to withstand macroeconomic ebbs and flows. Oh, and the dividend yield of nearly 3% also doesn't hurt. But there's another company that's arguably better in some of these respects: Verizon Communications (NYSE:VZ). One stock that I like more than JNJ at the moment is biotech blue chip Gilead Sciences (NASDAQ:GILD), as its trailing P/E ratio of roughly 7 is far less than what Johnson & Johnson is currently fetching on the markets (around 19). If forced to pick a better stock, I believe Visa (NYSE:V) could give J&J a strong run for its money.
Source: Motley Fool
Related Articles:
- 7 Stocks With A Strong Cash To Dividend Coverage
- Optimizing Your Asset Allocation
- Dividend Growth Stocks Are My Conviction
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
- 6 Dividend Growth Stocks With Very Little Debt
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
If you’ve been following this column, you’d know that monthly dividend stocks tend to come from two main types of businesses: real estate an...
-
Late last year, Wall Street had a bit of a panic attack when Fed chairman Jerome Powell suggested this tightening was on autopilot. While th...
-
Are you sick and tired of low interest rates? Certificates of deposit pay next to nothing. Bonds yield only three or four percent a year. Su...
-
These three picks are all up more than 10% so far in 2019. The three themes are LNG, specialized healthcare, and small banks. The yields ran...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
This company makes a compelling value proposition on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
Stocks with high dividend yields can be great, but if a stock has a high dividend yield and also has lots of long-term growth potential and ...
-
At its opening price of $101 per share on Jan. 7, MSFT stock had a market cap of $782 billion, which made it the most valuable company in th...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Dividend growth or dividend yield. Which should investors prefer? I'm firmly in the "growth" camp since I'm still a few de...
0 comments
Post a Comment
Post a Comment