Johnson & Johnson (JNJ) Gains Spot on Wolfe Favorites amid Growth Outlook

Johnson & Johnson (NYSE:JNJ) is included among the Dividend Kings and Aristocrats List: 32 Biggest Stocks.

Johnson & Johnson (JNJ) Gains Spot on Wolfe Favorites amid Growth Outlook

Johnson & Johnson (NYSE:JNJ) was included in Wolfe Research’s favorite stocks list, according to a CNBC report published on March 16. The company currently offers a dividend yield of around 2.15%, and last increased its payout in May 2025.

The report mentioned that earlier this year, Johnson & Johnson reached an agreement with the Trump administration to lower drug prices for consumers in exchange for tariff exemptions. As part of that effort, it recently launched a website that allows patients to buy certain products directly, including those without insurance or those choosing to pay out of pocket.

The company continues to expand its pipeline, with treatments in development across areas like cancer, Crohn’s disease, and depression. Earlier in March, it shared early results from a Phase 1 trial for a bladder cancer treatment, reporting “complete and durable responses” in patients. Johnson & Johnson also issued solid sales and profit guidance for 2026 earlier this year. The company is set to report its first-quarter results on April 14.

Johnson & Johnson (NYSE:JNJ)  operates as a diversified healthcare company with three main segments: Innovative Medicine, MedTech, and Consumer Health. Its portfolio spans pharmaceuticals, medical devices, and widely used consumer health products.

While we acknowledge the risk and potential of JNJ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JNJ and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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