Johnson & Johnson (NYSE:JNJ) has been one of my top holdings, and I have written about why multiple times. Johnson & Johnson has been a huge winner over the past year, crushing the DOW (NYSEARCA:DIA), NASDAQ (NASDAQ:QQQ) and S&P 500 (NYSEARCA:SPY).
At first glance, J&J's stock price chart looks like a thing of beauty. However, the fundamentals behind the rise in the company's stock price are less than spectacular.