Johnson & Johnson among global most admired companies

March 28, 2019

Published by Harvest ETFs

Johnson & Johnson was named to Fortune’s list of the World’s Most Admired companies recently, for the 17th year in a row.

J&J made the list because of its innovative spirit and commitment to social responsibility, among other respected attributes. It also placed #1 in the Pharmaceutical category worldwide for the 6th consecutive year, making it the highest-ranked healthcare company to appear on the top companies list in 2019.

Johnson & Johnson is a U.S. multinational founded in 1886 that makes medical devices, pharmaceutical and consumer packaged goods. It employs 125,000 people.

Johnson & Johnson is an example of an enduring global brand. Its consumer products include such well-known names as Johnson & Johnson baby care products, Band-Aid bandages and over the counter drugs including Tylenol, Benadryl and Motrin. Its medical devices and supplies include sutures and laparoscopic surgical devices. The pharmaceutical division develops treatments for immune deficiency and cardiovascular and metabolic diseases, as well as family planning products.

Fortune asked hundreds of executives to rate organizations in dozens of industries on such criteria as quality of management, innovativeness, social responsibility and an ability to attract and retain talented people.

Also, in the top 20 were Apple -the world’s most admired brand, Walt Disney Co., J.P. Morgan and Microsoft. These companies are among the top holdings in the Harvest Portfolio Group Harvest Brand Leaders Plus Income ETF (TSX: HBF)

The fund invests in 20 global brand leaders that have a minimum market capitalization of US$10 billion at the time of investment. As of Feb. 28, 2019, the ETF had an average dividend yield of 2.04% and an average P/E ratio of 17.9. It is eligible for RRSPs and TFSAs. The dividends are available as cash or DRIPs.

For more on Harvest Portfolio Group ETF products click here.

The views and/or opinions expressed in the blog are of a general nature and are for informational purposes only. Blog contents should not be considered as advice and/or a recommendation to purchase or sell the mentioned securities or used to engage in personal investment strategies. Investors should consult their investment advisor before making any investment decision. 

You may also like…

Disclaimer

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund(s) on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund(s) and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents.

Certain statements in the Harvest Blog are forward looking Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or  “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS.

FLS are not guarantees of future performance and are by their nature based on numerous assumptions, which include, amongst other things, that (i) the Fund can attract and maintain investors and have sufficient capital under management to effect their investment strategies, (ii) the investment strategies will produce the results intended by the portfolio managers, and (iii) the markets will react and perform in a manner consistent with the investment strategies. Although the FLS contained herein are based upon what the portfolio manager believe to be reasonable assumptions, the portfolio manager cannot assure that actual results will be consistent with these FLS.

Unless required by applicable law, Harvest Portfolios Group Inc. does not undertake, and specifically disclaim, any intention or obligation to update or revise any FLS, whether as a result of new information, future events or otherwise.

Subscribe to our newsletter and stay informed

Join Us & Stay Informed!

* indicates required

Your Preferences   (Please select all the ways you would like to hear from)


You are a *


Confirm *


Join Us & Stay Informed!

* indicates required

Your Preferences   (Please select all the ways you would like to hear from)


You are a *


Confirm *