Kevin O’Leary’s Stock Portfolio: 5 Stock Picks for 2023

In this article, we discuss the 5 companies to consider in the portfolio of Kevin O’Leary. If you want to read about some more companies in the stock portfolio of Kevin O’Leary, go directly to Kevin O’Leary’s Stock Portfolio: 10 Stock Picks for 2023.

5. Johnson & Johnson (NYSE:JNJ)

Johnson & Johnson (NYSE:JNJ) currently works with three sectors: Consumer, Pharmaceutical, and Medical Devices & Diagnostics after becoming a well-known worldwide healthcare company. Johnson & Johnson (NYSE:JNJ) has about 250 subsidiary businesses that operate in 60 countries and sell their goods in more than 175 nations.

The company’s most recent earnings report was delivered on January 24th, 2023 for the fourth quarter and full year. For the fourth quarter, adjusted EPS of $2.35 beat by $0.11, while revenue of $23.7 billion missed slightly.

Johnson & Johnson (NYSE:JNJ) forecasts 3.5% adjusted earnings-per-share growth and 4% adjusted operational revenue growth for 2023 (without the COVID-19 vaccine).

It is pertinent to mention that Johnson & Johnson (NYSE:JNJ) is now known as a Dividend King because it has increased its dividend for 60 years consecutively. Many renowned money managers own the stock. J&J, for instance, is a dividend stock owned by Kevin O’Leary.