5 Best Long Term Low Risk Stocks to Buy

In this article, we will take a look at the 5 best long-term low-risk stocks to buy. To see more such companies, go directly to 10 Best Long Term Low Risk Stocks to Buy.

5. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 81

Beta Value: 0.55

Founded in 1886, Johnson & Johnson (NYSE:JNJ) is an American multinational corporation celebrated for its advancements in medical devices, pharmaceuticals, and consumer packaged goods. Notably, the company’s pharmaceutical division has maintained an impressive track record of dividend growth for over 62 years. As of April 17, Johnson & Johnson (NYSE:JNJ) offers a quarterly dividend of $1.19 per share, equating to a dividend yield of 3.29%.

Insider Monkey’s database of Q4 2023 reveals that 81 hedge funds reported holding stakes in Johnson & Johnson (NYSE:JNJ), down from 84 in the preceding quarter. The total value of these stakes amounts to nearly $4 billion. Fisher Asset Management emerged as the company’s leading stakeholder in Q4 with more than 6.3 million shares.