I agree that JNJ offers 20-30% return per year at most. It is part of my "safe" large cap holdings that also include PEP, KO, UL, WYE, NKE, MSFT, CSCO, and BRK. None of them offer multibagger potential coming off current levels.
I may sell any of them if I decide that there are better opportunities out there or if they appreciate and expected returns drop. Right now I would sell in the following order: WYE, BRK, PEP, KO, UL, NKE, CSCO, MSFT, JNJ. Which means that IMO, JNJ is the best pick in this space for now followed closely by MSFT. I may change my opinion at any time though. :) |
