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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: DCzzzz who wrote (49721)	11/7/2003 6:15:28 AM
From: Ron McKinnon	Read Replies (2) \| Respond to of 53068

re: JNJ I would think a small %, 2-5%, of your 2-5-10 year hold account would be just fine JNJ is like many others that are "real, safe, solid core US companies" those trade at a P/E of 16-24, pay a 2% dividend but the stock price basically seems to sit you might include GE, PG etc in that group that is what I find interesting about MMM is has the same characteristics but the stock keeps going to new highs but for the above, unless one picks very well, you might do just as well in a S+P index fund over time