I wish Vegas had a line on things like: Johnson & Johnson will have another recall that almost makes them caricatures of themselves. With that intro, I give you another Tylenol recall.
I’m repeating myself but Johnson & Johnson was a great company. You shouldn’t lose that status virtually overnight. (I’m using dog years to define “overnight”.) If I were a stock analyst, I would rate J&J a long term buy because I’m convinced in the long run, someone is going to turn this company around. Hopefully, this is the bottom. I’ve been saying this about the housing market for a year. But, really, there has to be a bottom, right?