Why Is J&J So Darn Cheap?
Leuthold's Doug Ramsey, Ariel's Charlie Bobrinskoy, and Tom Forester of Forester Value weigh in on why some high-quality large caps, such as J&J, have lagged.
Dorsey: So a name that kind of pops to mind and sort of very obvious to talk about first is J&J, because [to Tom and Charlie] it's a number one holding for one of you, and a number two holding for the other. I'm not going to ask you why you like it, because I mean I think the qualities of J&J are fairly obvious. I think maybe what might be more interesting to talk about is, why is it still so darn cheap?
Forester: I mean, they have had some stumbles of late.
Pat Dorsey does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.