Jim Cramer Called Johnson & Johnson The Best Drug Stock, or at Least the SecondBest

Image for article Jim Cramer Called Johnson & Johnson The Best Drug Stock, or at Least the SecondBest
News Source : Yahoo Entertainment

News Summary

  • Johnson & Johnson (NYSE:JNJ) was among Jim Cramer’s stock calls on Mad Money recently.
  • Cramer highlighted buying the stock for the Charitable Trust, as he stated: We’re buying what may be the best drug stock, or at least the second-best if you're Eli Lilly.
  • The company decided to spin off its orthopedics business as a standalone company.
  • This is a slower-growing piece of the pie, so the breakup will help unlock value.
Johnson & Johnson (NYSEJNJ) was among Jim Cramers stock calls on Mad Money recently. Cramer highlighted buying the stock for the Charitable Trust, as he statedWe bought the stock of Johnson & [+2336 chars]

Must read Articles