5 Best Low-Risk Investments in April 2024

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In this article, we will take a look at the 12 best low-risk investments in April 2024. To go through our analysis of the recent market trends and market activity, you can go directly to see the 12 Best Low-Risk Investments in April 2024.

5. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 81

Beta Value: 0.53

Founded in 1886, Johnson & Johnson (NYSE:JNJ) stands as an American multinational corporation renowned 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 March 27, Johnson & Johnson (NYSE:JNJ) offers a quarterly dividend of $1.19 per share, resulting in a dividend yield of 3.01%.

As per Insider Monkey’s database of Q4 2023, 81 hedge funds reported having stakes in Johnson & Johnson (NYSE:JNJ), compared with 84 in the preceding quarter. The total value of these stakes is nearly $4 billion. With more than 6.3 million shares, Fisher Asset Management was the company’s leading stakeholder in Q4.

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