Hold Off on Johnson and Johnson Right Now ticker JNJ

[HospiceRN]

Guys, I would hold off on purchasing JNJ right now. Everyone knows that a great company is a bad investment at the wrong price and I believe this is the case here. JNJ is an outstanding company that I cherish like Coca Cola and Berkshire Hathaway. I read an article online a few days ago stating Goldman Sachs has put JNJ at a buy. When I look at the trend for earnings for the past ten and five years, I'm not seeing the motivation to buy at the current price. Over the next five years I believe this company will produce a minimal return if you purchase it this year above $60.00 per share.

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