Time to Buy is NOW - Split Time Near 100 Approaching
To bolster earnings, and based on solid historical data and facts, when JNJ crosses 100, typically the stock splits and then increases another 10% or so. Now is the time to take advantage of this opportunity. Who knows whether this will happen again over the next 10 years or so...
Split is of no consequence to the value of stock or the company. When will people get this?!
I really wish J&J would just not bother with split and just leave it alone the way Apple and Google have done. i would like the pps to be at 200 in 2 years.
I agree with you. JNJ is still working through the disaster of Weldon/McCoy and others, who infected the company and brought it to its knees. Thank goodness these people are gone.
On the other hand, yes, I believe the split will occur during or around the next SH meeting. Contrary to a poster on this string, a split is a indicative of impending future success and typically a 10% bump automatically follows in share value. JNJ and Google(which I own)/Apple are two completely different business sectors with totally different dynamics.