J&J's Stock Up 12.8% in 3 Months: Time to Buy, Sell or Hold?

In the past three months, J&J’s (JNJ) stock has risen 12.8% compared with an increase of 11.4% for the industry. J&J has also outperformed the sector as well as the S&P 500 in the same timeframe. J&J’s stock has also been trading above its 200-day and 50-day moving averages since mid-July.JNJ Stock Outperforms Industry, Sector & S&P 500Image Source: Zacks Investment ResearchMost of the stock’s outperformance was related to J&J’s strong second-quarter results, wherein it beat estimates for both earnings and ...