Jim Cramer on Johnson & Johnson: “I Think It’s a Terrific Entry Point”
Johnson & Johnson (NYSE:JNJ) is one of the stocks Jim Cramer offered insights on. Cramer highlighted the company’s latest spin-off plans for one of its divisions, as he commented: “The fastest grower, the best opportunity here would not be Eli Lilly, which has moved a great deal and I still like, but Johnson & Johnson. It’s spinning off its orthopaedics business, DePuy Synthes, something that will immediately raise its price-to-earnings multiple because that business has much slower growth than the core p ...