POST OF THE DAY
Johnson & Johnson
JNJ - Still A Great Company

Related Links
Discussion Boards

By jammerh
August 7, 2007

Posts selected for this feature rarely stand alone. They are usually a part of an ongoing thread, and are out of context when presented here. The material should be read in that light. How are these posts selected? Click here to find out and nominate a post yourself!

I see no reason to argue with anyone who has become disenchanted with Johnson & Johnson - except to suggest that anyone can change his, or her mind.

I'd also like to remind everyone that five years ago we were going through a similar process:

Here was my response then:
http://boards.fool.com/Message.asp?mid=17614984

Yes, those outlining the case for the negative have changed, and it can be particularly disconcerting when someone who has consistently made the case for the positive suddenly turns cold on a stock:

http://boards.fool.com/Message.asp?mid=22948345

But the fact that someone - even a highly valued contributor - has changed his, or her mind about a company doesn't mean JNJ has suddenly become a bad investment.

I prefer to remember fine posts like this from someone who used to be known to us as both Cogitarius and (before that) Badsin:

Emphasizing JNJ's 'Stellar Performance' in 2002:
http://boards.fool.com/Message.asp?mid=16893736

Looking Ahead With JNJ:
http://boards.fool.com/Message.asp?mid=20188984

Criticizing my own negative thoughts as recently as October of last year:
http://boards.fool.com/Message.asp?mid=24725785

Claiming JNJ Is Numero Uno:
http://boards.fool.com/Message.asp?mid=24564399

Praising The 'Gift Horse' In April Of 2004:
http://boards.fool.com/Message.asp?mid=20681603

Praising JNJ's 'Trustworthiness' In 2003:
http://boards.fool.com/Message.asp?mid=17949418

What I Like About JNJ 2004:
http://boards.fool.com/Message.asp?mid=20563693

"JNJ Isn't Slowing. It's Actually Getting Stronger (2002)":
http://boards.fool.com/Message.asp?mid=18299251

JNJ's 'Team Of Nice Guys' (who) '...really hit hard' (2002):
http://boards.fool.com/Message.asp?mid=17266034

JNJ is an innovative, well managed, top quality company. That's not to say it is perfect. JNJ definitely has flaws and from time to time will take hits from developments beyond the control of management. This doesn't make it a bad investment. And it doesn't mean the company has suddenly taken a turn for the worse.

Good companies don't become bad companies because bad things happen to them:
http://boards.fool.com/Message.asp?mid=20050978&sort=whole


Become a Complete Fool
Join the best community on the web! Becoming a full member of the Fool Community is easy, takes just a minute, and is very inexpensive.