Time To Buy This Dividend King At 52 Week Low? Johnson & Johnson (JNJ) Stock Analysis

[@TheDividendAristocrat]

What stocks are you all picking up right now?

[@PThippo]

Nothing as usual :/ Maybe soon if prices go down though :)

[@johnstewart5221]

Welcome back! I like JNJ but for now i’d rather put my money towards VOO (growth) or SCHD (dividend)

[@TheDividendAristocrat]

I’d have to agree!

[@PThippo]

Same, SCHD offers similar dividend yields and higher 5 year dividend growth rate and total return

[@jamieproto7749]

I’m preparing to move houses so I don’t have much money to spare right now unfortunately.

[@johnstewart5221]

Better to put it in SCHD anyways if you’re looking for dividends

[@TheDividendAristocrat]

congrats on the new house!

[@PThippo]

"Invest" it all in the casino then you'll be able to buy two houses 😈

[@TheDividendAristocrat]

@@PThippo LMAO

[@PThippo]

If I was further along my investing journey (closer to retirement) I would probably diversify with a company like this. For now I'll just buy SCHD

[@TheDividendAristocrat]

Makes sense

[@Judah_Mafia_074]

Is it still a safe stock after lawsuits?

[@TheDividendAristocrat]

I would say so. It’s one of only two companies in the US that have a AAA credit rating (Microsoft is the other). Lawsuits are something that they’ve always had to deal with and probably will have to in the future. That being said, there may be short term effects to JNJ, like we’ve been seeing, but longer term I would expect them to rebound and continue performing (but at a slower level than growth focused companies)

[@LauraMiller-z4u]

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