dow futures starting to tick up, page-30

I suspected JNJ would be one of the companies that would do relatively well in this reporting season as they were not suffering last half at all either (ie: they put in 8.5% growth in earnings at the time the financials were burning.) This time they have added 14%, so they are still going forwards.

Like many healthy companies, they really have taken advantage of the current environment and are a stronger company because of the panic falls. They have bought up many small competitors recently so they are on an even firmer footing for when things turn on the ground. Forget the damaged goods elsewhere. It is these sorts of constantly growing companies (although less matured companies are perhaps better) that you want to get into while they are discounted for no particular reason.