Friday, January 4, 2013

Johnson&Johnson well above $69

The stock price of JnJ is well above $69 since mid-October. Will it stay above $70 in the year 2013? With the iPhone App Donkey Stocks a stock price of $71 fits with a annual growth rate of 2.1%. The parameters are: EPS from autumn 2012=$1.25, period of time=6 years, reference interest rate=4.0%.

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