The bankruptcy is an accounting trick to only show a 2 billion dollar liability for the earnings release. It will be far higher in reality.
$Johnson & Johnson(JNJ)$ J&J is up $50 over the last 5 years. So many opportunities to buy good dips as well. Great dividend to back this position up.
$160 seems overvalued but this is a great time to buy. Buy the dips !!
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