There are few stocks that have been held for 41 years at Crawford Investment Counsel. One is Johnson & Johnson (J&J). Over this time, we have not always agreed with every decision made by management but remain invested because the strength of J&J’s franchises have led to consistent growth in profits and dividends. Recently, J&J made a significant announcement of its intention to separate their consumer segment to stand alone from the other businesses.
This podcast discusses our opinions on J&J's recent decisions and its impact on our investment thesis on the stock.
Please reference our related Perspectives post for more detail:
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This material is distributed for informational purposes only. The opinions expressed are those of Crawford. The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Forward looking statements cannot be guaranteed. There is no guarantee of the future performance of any Crawford investment strategy. Material presented has been derived from sources considered to be accurate and reliable, but makes no representation thereof and accepts no liability or any loss arising from use or reliance herein. Nothing herein should be construed as a solicitation, recommendation or an offer to buy, sell or hold any securities, other investments or to adopt any investment strategy.
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