52wk Range:$61.71 ??? Profit taking???
Will know on Wed. afternoon when BRK releases it's portfolio.
Also, keep in mind this data is outdated (As of Mar-31st, 2013) when JNJ closed @ 81.53 (There has been further run up after that.
This stock has been up 20 weeks in a row, Yes. not single down week this year!!!! Absolutely no consolidation whatsoever.... When it turns the fall would be rapid.
The 13F's came out last week. Warren sold almost all of his JNJ about 6 months ago in the mid-$60's. Which is why you shouldn't blindly trade based on the investments of a folksy billionaire from Nebraska.