# Johnson & Johnson Stock Analysis: Trading Near Record Highs as Healthcare Leader Outperforms Market
Explore the remarkable performance of Johnson & Johnson (JNJ) in our latest podcast episode, where we analyze how this healthcare giant has reached near-record highs of $186.05 (as of October 1), delivering an impressive 24%+ gain year-to-date while outperforming the broader healthcare sector. We dive into the significant trading volume spike to 13 million shares—well above its 9 million average—signaling heightened investor interest in this market leader.
Discover the solid fundamentals driving JNJ's momentum, including their exceptional Q3 earnings report featuring $2.77 EPS (beating expectations by $0.09) and nearly 6% revenue growth to $23.74 billion. Our analysis covers Wall Street's cautiously optimistic outlook, with price targets ranging from $160-$200 and recent upgrades from major firms like Citigroup and UBS.
We also examine insider transactions, JNJ's attractive P/E ratio of just under 20, and why investor sentiment remains strong despite approaching all-time highs. Whether you're a current shareholder or considering an investment, this episode provides essential insights into Johnson & Johnson's current position and future prospects in the healthcare market.
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