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another new high on a strong move. P&G had good numbers and that means the consumer segment of JNJ should do well.
We go over $74 soon. Maybe today
Consumer Staples - incl Rx - a long term winner - as over a billion new consumers move into the middle class over the decade. Long JNJ and XLP AAA credit JNJ with a better yield than government 10 years.
It would help if JNJ could actually put their consumer products on store shelves. There are still shortages as a result of the McNeil issues.