TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer is bullish on Johnson & Johnson (JNJ) shares for a few reasons:

  • it has a triple-A balance sheet
  • there are multiple drugs in the pipeline
  • it's still incredibility well run by Alex Gorsky

 

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

Investing Markets Consumer Staples Jim Cramer Video

More from Video

How Jim Cramer Knew Nvidia Would Miss the Quarter

How Jim Cramer Knew Nvidia Would Miss the Quarter
Katherine Ross
Jim Cramer Says That This Is a Question All Investors Must Ask Themselves

Jim Cramer Says That This Is a Question All Investors Must Ask Themselves
Katherine Ross
Consumers Are 'Very Active' in Expected Strong Holiday Season: Mastercard Exec

Consumers Are 'Very Active' in Expected Strong Holiday Season: Mastercard Exec
Jacob Sonenshine
Don't Let a Short-Term Headwind Cloud Your Focus, Jim Cramer Says

Don't Let a Short-Term Headwind Cloud Your Focus, Jim Cramer Says
Katherine Ross
Jim Cramer Says, 'You Can't Fall in Love With the Stocks'

Jim Cramer Says, 'You Can't Fall in Love With the Stocks'
Katherine Ross