Thoughts on Johnson & Johnson (JNJ)

Updated: Aug 18, 2020

Hi friends,

Here's where the market ended up on Friday (7/10/20 at close):

  • Dow Jones Industrial Average: 26,075.30 +369.20 (+1.44%)

  • S&P 500: 3,185.04 +32.99 (+1.05%)

  • Nasdaq: 10,617.44 +69.64 (+0.66%)

  • Russell 2000: 1,422.68 +23.76 (+1.70%)

 

Notable earnings in the upcoming week (7/13/20-7/17/20): 7/13/2020:

  • PEP

7/14/2020:

  • JPM

  • C

  • DAL

  • FAST

  • FRC

  • WFC

7/15/2020:

  • GS

  • IBM

  • UNH

  • BK

  • OMC

  • PGR

  • PNC

  • USB

7/16/2020:

  • JNJ

  • ABT

We like being diligent by doing our fundamentals and technicals. Let's use Johnson & Johnson (JNJ), whose earnings report is coming up (see dates above) as an example:

  • Last 4 earnings report: Beat all estimates

  • 3-year EBITDA

  • 2017: Improved from 2016

  • 2018: Decreased from 2017

  • 2019: Improved from 2018

  • Technicals:

  • 3-month: ~ +2.09%

  • 1-year: ~ +1.41%

  • 5-year: ~ +46.41%

If none of this makes any sense, please watch those intro videos; we worked really hard on them. Doing fundamentals is like eating vegetables. It usually doesn't taste as good as pizza but is probably good for you. If you're curious about how covered calls could work in a situation like this, check out our level 1 courses. Until next time! - Call to Leap Team

The following article is strictly the opinion of the author and is to not be considered financial/investment advice. Call to Leap LLC and the author of this article does not claim to be a registered financial advisor (RIA) or financial advisor. Please visit our terms of service and privacy policy before reading this article.