Yacktman Funds Comments on Johnson & Johnson

Guru stock highlight

Author's Avatar
Aug 05, 2016

JNJ (JNJ, Financial) performed well in the second quarter after delivering solid results. Few companies have the financial strength and product diversity of JNJ, which is why it is one of only two companies in the United States (Microsoft is the other) that commands a triple-A credit rating. We think JNJ can deliver solid growth and strong free cash flow over time.

From Yacktman Focused Fund (Trades, Portfolio) second quarter 2016 commentary.