Johnson & Johnson: Dividend Legend At A Discount

Group 1 - The article discusses the addition of Johnson & Johnson (NYSE: JNJ) stock to a portfolio to rebalance it after significant rallies in growth stocks, indicating a shift towards defensive plays [1] - The author emphasizes the importance of balancing a portfolio with low-volatility dividend-paying stocks alongside growth opportunities, reflecting a well-rounded investment strategy [1] - The analysis focuses on high-quality companies with reasonable valuations rather than seeking deep discounts, highlighting the potential risks associated with excessively cheap stocks [1] Group 2 - The author has a beneficial long position in JNJ shares, indicating confidence in the stock's performance [2] - The article expresses personal opinions and does not involve compensation from any company mentioned, ensuring an unbiased perspective [2] - The content does not provide specific investment recommendations, emphasizing that past performance is not indicative of future results [3]