There's little doubt that companies in the Dow Jones Industrial average appear to defy logic, despite market capitalizations in the hundreds of billions of dollars. Johnson & Johnson (NYSE: JNJ) is such a firm.
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With a market cap of more than $190 billion, health-care giant Johnson & Johnson (NYSE: JNJ) has become the victim of its own success. It continues to grow sales and earnings and produce positive results in its R&D pipeline.
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I frequently check out the 30 companies in the Dow Jones Industrial Average for investment opportunities. In my mind, there's no better way to quickly screen for an industry leader with impressive cash flow generation and a favorable operating outlook.
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