The following video is part of our nationally syndicated Motley Fool Money radio show, with host Chris Hill talking with Jason Moser, Ron Gross, and Joe Magyer. Johnson & Johnson CEO Bill Weldon announced this week that he's stepping down after 10 years. In this segment the guys analyze companies that, like Johnson & Johnson, offer investors a large, diversified business to consider for their portfolio. The guys offer ideas such as 3M and Leucadia National that also pay a regular dividend.

Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Berkshire Hathaway and Johnson & Johnson. Motley Fool newsletter services have recommended buying shares of Johnson & Johnson, 3M, and Berkshire Hathaway and creating diagonal call positions in 3M and Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.