Why Johnson & Johnson Rallied Today

Shares of Johnson & Johnson (JNJ 5.88%) rallied 6.1% on Wednesday as of 1:18 p.m. ET.The pharmaceutical and medical equipment giant reported earnings today, which not only beat expectations, but also saw management lifting full-year guidance. As such, the stock continued to brush off tariff-related fears from the first half of the year.Second-quarter highlights include lower-than-expected tariffs and contributions from CaplytaIn the second quarter, Johnson & Johnson grew revenue 5.8% to $23.7 billion, beati ...