Jim Cramer Discusses Kenvue Inc. (KVUE) & Legal Issues

We recently published 14 Stocks Jim Cramer Discussed Including His 2 Top Quantum Computing Stocks. Kenvue Inc. (NYSE:KVUE) is one of the stocks Jim Cramer recently discussed.

Kenvue Inc. (NYSE:KVUE) has been in the news lately after President Trump asserted that taking Tylenol can increase autism in unborn children. The firm’s shares have lost 22% over the month. Before the President’s remarks, Cramer commented in a Mad Money episode that he didn’t believe Kenvue Inc. (NYSE:KVUE)’s litigation risks were as bad as feared. This time, he discussed the firm’s separation from JNJ:

Jim Cramer Discusses Kenvue Inc. (KVUE) & Legal Issues

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“We have a story on Kenvue and Tylenol, that’s been adjudicated. The judge felt that there’s no linkage, but it doesn’t matter.

“Well now it’s toxic. I’d be afraid to buy it.

“Well look I think that the botched, it was kind of a botched hand off. Not by JNJ. I think that JNJ did it well. I think that there was a, this weight that, this interregnum which was far too long. The new company wasn’t ready. Carl what I’m looking for is, there have been a lot, there were a lot of lawsuits about this. But they were all shot down. But you know the plan as far has been itching to find something new. It looks like they’re really stalled out. The talc and JNJ. JNJ decided to fight each one, it was just the kiss of death for these guys. But now, let’s say you get some evidence, from RFK Jr., they’ll start up again. And they’ll keep this thing down and put a lid on the stock and you won’t wanna buy it.”

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Disclosure: None. This article is originally published at Insider Monkey.