Will the Shockwave Medical Deal Be the Jolt JNJ Stock Needs?

Key PointsJohnson & Johnson is acquiring Shockwave Medical for $13.1 billion.  The deal will give JNJ access to Shockwave's first-to-market intravascular lithotripsy technology (ILT). The deal could be the jolt that JNJ stock needs to reverse its recent downtrend.  5 stocks we like better than Johnson & JohnsonOn April 5, 2024, Johnson & Johnson NYSE: JNJ announced its intent to acquire Shockwave Medical Inc. NASDAQ: SWAV for $13.1 billion. Under the terms of the proposed deal, JNJ will pay $335 per share, ...