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Will Johnson & Johnson Be a Trillion-Dollar Stock by 2030?
JNJJ&J(JNJ) The Motley Fool·2024-03-03 13:14

Johnson & Johnson (JNJ 0.46%) is one of the top healthcare stocks in the world, with a market cap of around $390 billion. But in recent years, it hasn't exactly been known to be a top growth stock; in five years, the stock has risen by just 18%.Even if you look at the past decade, it has risen by 76%, which averages out to a compound annual rate of 5.8%, well below the S&P 500's long-run average of 10%.But Johnson & Johnson spun off its consumer health business last year in order to focus more on growth opp ...