Wednesday, 20 April 2016

Johnson & Johnson 1st Quarter 2016

Johnson & Johnson reported their 1st Quarter earnings for 2016, which can be found here.

Beating expectations despite facing some currency headwinds, Johnson & Johnson demonstrated their ability to provide slow and deliberate growth. With fast growing pharmaceutical sales and a solid stable of well recognized personal care products, they continue to be a solid holding that delivers. The results should also insure that the annual tradition of dividend increases continues unabated.

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