We recently published a list of 17 Best Stocks for Kids According to Jim Cramer. In this article, we are going to take a look at where Johnson & Johnson (NYSE:JNJ) stands against other best stocks for kids according to Jim Cramer.
The article from MSN Money discusses Jim Cramer's perspective on Johnson & Johnson (J&J), which he describes as "the greatest health care stock of all time." Cramer highlights J&J's diversified business model, which spans pharmaceuticals, medical devices, and consumer health products, providing stability and growth. He points out that despite facing numerous lawsuits, particularly related to its talc products, J&J has managed to maintain its reputation and financial health through strategic decisions like spinning off its consumer health business into a new entity named Kenvue. This move, according to Cramer, allows J&J to focus more on its high-margin pharmaceutical and medical technology sectors. He also praises the company's consistent dividend increases, making it a favorite among investors looking for reliable income. Furthermore, Cramer notes J&J's robust pipeline of new drugs and its ability to innovate, which underpins his confidence in the stock's long-term value.