Stock pick — Johnson & Johnson
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Caroline Cremen from Adviceworx chose Johnson & Johnson as her stock pick of the day.
"I'm going to pick a dividend aristocrat; Johnson & Johnson. N ow it is in the news mainly because of the vaccine rollout but, you one understand that's only a very small amount of cases, this vaccine is relatively good, it only requires one dose it is easy to transport, it's easy to store, they have a footprint in developing markets and this is still a quality company. It's not a vaccine story, it has multi-brands, multi-territories, a pharmaceutical division growing at 25% every year and also the thing that's going to actually pull this this company up in 2021 I believe is their medical devices segment."
"I'm going to pick a dividend aristocrat; Johnson & Johnson. N ow it is in the news mainly because of the vaccine rollout but, you one understand that's only a very small amount of cases, this vaccine is relatively good, it only requires one dose it is easy to transport, it's easy to store, they have a footprint in developing markets and this is still a quality company. It's not a vaccine story, it has multi-brands, multi-territories, a pharmaceutical division growing at 25% every year and also the thing that's going to actually pull this this company up in 2021 I believe is their medical devices segment."
