Oct. 16, 2009 | Filed Under: JNJ , BDX
With the health-care debate taking center stage, I started looking for health-care stocks. I found several small cap stocks but I was in the mood to look for Buffett type " great companies at average prices," So I started to look in the most logical places, Warren Buffett's portfolio. You might be interested in two stocks in particular Johnson & Johnson (JNJ) and Becton, Dickinson and Company (BDX).
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. The company's worldwide business is divided into three segments: Consumer; Pharmaceutical; and Professional. Johnson & Johnson has a market cap of $164.61 billion; its shares were traded at around $61.74 with a P/E ratio of 13.21 and P/S ratio of 2.58. The dividend yield of Johnson & Johnson stocks is 3.28%. Johnson & Johnson had an annual average earning growth of 12.5% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
*At time of article Warren Buffett owns 36,914,633 JNJ shares or 4.28% of the $48.95 billion portfolio of Berkshire Hathaway.
*Warren Buffett bought 1,200,000 BDX shares in the quarter that ended on 06/30/2009, which is 0.17% of the $48.95 billion portfolio of Berkshire Hathaway.
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