Johnson & Johnson Biotech AI Stocks
Companies / BioTech Dec 29, 2020 - 05:06 PM GMTThis is a continuation of my in-depth analysis into the buying levels for the Top 10 AI stocks to ride the electron mega-trend the whole of which was first made available to Patrons who support my work so immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month.
- US Presidential Election 2020 Forecast Review
- Seeing Stock Market New Highs Through the Prism of AI
- Stock Market Dow Quick Take
- AI Stocks Buying Levels and EC ratio Explained
- Top 10 AI Stocks individual analysis i.e. for Google, Amazon, Apple etc.
- AI Stocks Buying Levels Q4 2020
- The Next IMMINENT Global Catastrophe After Coronavirus
5. Johnson & Johnson $146
The last primary and the first big pharma stock on my list, a sleeping giant pending the revolutionary AI mega-trend rewards that extension to human longevity promises to deliver in a pill a day to slow the ageing process and not to forget that J&J is also developing it's vaccine to cash in on the pandemic where the difference for the J&J version over the others is that it only requires one dose as opposed to two dose vaccinations separated by a month. Where the market is clearly awaiting news of clinical trail success before marking the stock price higher.
J&J on an EC of 19 remains cheap, though it could remain cheap for many more years before the breakthroughs we are betting on come through, still in the meantime J&J does pay a healthy 2.7% dividend.
J&J is clearly in a tight trading range pending covid vaccine good news. Where the previous buying level of 140 was achieved during late October and remains unchanged for J&J at 140 with little downside visible on the charts as the trend trajectory targets a the highs along 154.
Top AI Tech Stocks Buying Levels and Valuations Analysis
The rest of this analysis has first been made available to Patrons who support my work so immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
AI Stocks Portfolio Buying Levels Q4 2020 Analysis
- US Presidential Election 2020 Forecast Review
- Seeing Stock Market New Highs Through the Prism of AI
- Stock Market Dow Quick Take
- AI Stocks Buying Levels and EC ratio Explained
- Top 10 AI Stocks individual analysis i.e. for Google, Amazon, Apple etc.
- AI Stocks Buying Levels Q4 2020
- The Next IMMINENT Global Catastrophe After Coronavirus
And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.
Nadeem Walayat
Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.
Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.
Nadeem Walayat Archive |
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.