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Barchart

Mark R. Hake, CFA

Johnson & Johnson Stock Looks Like Good Value Now

JNJ Kenvue Johnson & Johnson ( Barchart

Johnson & Johnson (JNJ) stock recently spun off its consumer Kenvue business, which trades separately under the symbol KVUE. However, JNJ stock has dipped and now looks like good value.

As of morning trading on Oct. 3, JNJ stock was at $154.57, well below its trading price of $163.73 on Aug. 30 when Johnson & Johnson spun off the consumer health brand Kenvue business as a separate company to JNJ shareholders.

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