5 Best Dow Stocks To Buy Now

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In this article, we discuss 5 best Dow stocks to buy now. If you want to check out some more of the best Dow stocks to buy, go directly to 11 Best Dow Stocks To Buy Now.

5. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 83

Johnson & Johnson (NYSE:JNJ) develops, manufacturers and sells various products in the healthcare field globally. Given the company’s businesses, Johnson & Johnson (NYSE:JNJ) shares have only fallen around 5% year to date and the company trades at around a 15.37 forward P/E ratio. On 10/5 Joanne Wuensch of Citi cut her price target on Johnson & Johnson (NYSE:JNJ) to $198 from $201 but kept a ‘Buy’ rating on shares citing macroeconomic headwinds.

In the long term, Johnson & Johnson (NYSE:JNJ) still has growth potential and the stock also has a current attractive dividend yield of 2.78% as of 10/12.

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