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Summary: Johnson & Johnson, one of the world’s most valuable healthcare companies, is publicly traded on the New York Stock Exchange under the ticker JNJ. To buy Johnson & Johnson stock, we recommend using a reputable online trading platform such as eToro.
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About Johnson & Johnson
Key areas of interest for Johnson & Johnson include:
- Pharmaceuticals: Developing and marketing innovative drugs across multiple therapeutic areas, including oncology, immunology, and neuroscience;
- Consumer health: Manufacturing a wide range of consumer healthcare products, such as over-the-counter medications, hygiene products, and baby care items;
- Medical devices: Producing medical devices and equipment for surgical and diagnostic purposes;
- Vaccines: Engaging in vaccine development and distribution.
Johnson & Johnson is publicly listed on the New York Stock Exchange (NYSE) under the stock ticker JNJ and is a component of major stock indices like the Dow Jones Industrial Average (DJIA), the S&P 100, and the S&P 500.
How to buy Johnson & Johnson stock? Step-by-step process
Follow these four steps to buy Johnson & Johnson stock:
Step 1: Choose a broker
To buy Johnson & Johnson stock, start by selecting a reputable online broker. In our assessment, eToro is an excellent choice for investing in JNJ, offering:
- Commission-free stock trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
When considering your investments in the pharmaceutical and biotechnology sectors, it’s wise to diversify your portfolio. Instead of concentrating solely on one company, consider investing in a diversified selection of healthcare stocks. This approach helps spread risk and aligns with the sector’s inherent volatility. Here are some healthcare companies worth considering:
- Pfizer (NYSE: PFE);
- Moderna (NASDAQ: MRNA);
- Eli Lilly (NYSE: LLY);
- Novartis (NYSE: NVS);
- Merck (NYSE: MRK);
- AstraZeneca (NASDAQ: AZN);
- GSK (NYSE: GSK);
- Roche (SIX: ROG);
- Novo Nordisk (NYSE: NVO);
- AbbVie (NYSE: ABBV).
Another strategic approach involves thematic investing focused on specific areas of medical research or healthcare trends. Identify areas within the healthcare sector projected to grow significantly, such as research into specific diseases or medical conditions, and seek investment opportunities tailored to those themes. Here are some examples:
- Top 3 Alzheimer Drug Stocks to Buy;
- 3 Best Cancer Drug Stocks to Buy;
- Top 3 Obesity Drug Stocks to Buy;
- 5 Big Pharma Stocks to Buy.
How to choose the best online broker?
Selecting the best online broker involves considering key factors:
- Regulation: Ensure a recognized financial authority regulates the broker;
- Fees: Understand the fee structure, including commissions, spreads, and hidden costs;
- Trading platform: Consider the trading platform’s usability, features, and reliability;
- Product offerings: Verify they offer access to assets or markets you’re interested in;
- Fractional shares: Check if the broker provides fractional share trading;
- Security: Ensure the broker has strong security measures in place to protect your money and data;
- Research and education: Look for research tools, educational resources, and market analysis.
Step 2: Open and fund your account
Once you’ve chosen your broker, register on their platform. After being verified, you can fund your account using your preferred method, such as a bank transfer, credit card, or PayPal.
Step 3: Place your order and buy Johnson & Johnson stock
To invest in Johnson & Johnson stock:
- Locate Johnson & Johnson using its ticker symbol JNJ;
- Choose your order type (market order for an immediate purchase or limit order at a specific price);
- Determine your investment amount, whether in dollars or the number of shares;
- Double-check before confirming the transaction.
Step 4: Monitor your investment
Here’s a brief list of how to monitor your investment in Johnson & Johnson:
- Set up alerts: Activate price change alerts for Johnson & Johnson stock on your brokerage platform;
- Follow company updates: Stay informed about Johnson & Johnson’s performance by following their official investor relations page for announcements, earnings reports, and press releases;
- Monitor industry news: Stay updated with healthcare and pharmaceutical industry news that might impact Johnson & Johnson’s stock;
- Consult financial analysts: Seek insights from financial analysts who cover Johnson & Johnson. Their reports and recommendations can provide valuable market sentiment indicators;
- Track regulatory updates: Keep an eye on regulatory updates, especially those related to the pharmaceutical and healthcare sector;
- Regular portfolio review: Periodically assess Johnson & Johnson’s performance within your investment portfolio. Consider rebalancing if necessary to align with your investment goals;
- Utilize technical analysis: Use charts and technical indicators to gauge stock trends and potential entry or exit points;
- Consider consultation: Consult a financial advisor who can provide personalized guidance based on your financial objectives and risk tolerance.
Johnson & Johnson stock price today
Pros and cons of buying Johnson & Johnson stock
Pros
- Stability: Johnson & Johnson has a long history of consistent performance;
- Diversified portfolio: The company operates in various segments, including pharmaceuticals, medical devices, and consumer health products. This diversification reduces dependency on a single product or market;
- Income generating: Johnson & Johnson has demonstrated reliable and growing dividend payments over the years, making it attractive for income-focused investors;
- Strong brand: Johnson & Johnson’s well-known brands, such as Neutrogena, Aveeno, Tylenol, and Listerine, enjoy consumer trust and loyalty.
Cons
- Legal challenges: Johnson & Johnson has faced various legal challenges and lawsuits related to its products, including talcum powder and opioids. These legal issues can result in financial penalties and damage the company’s reputation;
- Competition: The pharmaceutical and healthcare industry is highly competitive, and Johnson & Johnson faces competition from other major players. Competition can impact market share and pricing;
- Regulatory risks: The industry is subject to stringent regulatory oversight, and gaining approvals for new drugs and medical devices can be a lengthy and uncertain process;
- Political and healthcare policy risks: Changes in healthcare policies and regulations can affect drug pricing and profitability, posing risks to pharmaceutical companies like Johnson & Johnson.
In Conclusion
To buy Johnson & Johnson stock:
- Choose an online broker;
- Register and fund your account;
- Purchase JNJ shares;
- Regularly assess and adjust your investment as needed.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about How to Buy Johnson & Johnson Stock
How can I buy Johnson & Johnson stock?
To invest in Johnson & Johnson, choose a reputable online broker, create an account, deposit funds, search for JNJ, determine your investment amount, and finalize your purchase.
Where can I buy Johnson & Johnson stock?
Johnson & Johnson stock is available via regulated online brokers like eToro.
Does Johnson & Johnson pay a dividend?
Yes, Johnson & Johnson is a dividend-paying company.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
