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JNJ - Emergent BioSolutions: Rapid-Return Trade With More Legs
November, 16 2021 08:17 AM
Johnson & Johnson
The modification/loss of a contract coupled with a weak earnings report sent the stock tumbling 40%. We jumped on this overreaction for a quick gain, but now see the stock rallying further into 2022 on some bullish developments. The company is anticipating a significant top-line ramp up in 2023 and 2024. For further details see:
Emergent BioSolutions: Rapid-Return Trade With More Legs
Stock Information
Company Name:
Johnson & Johnson
Stock Symbol:
JNJ
Market:
NYSE
Website:
jnj.com
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