Stock markets as a whole are trading under heavy selling pressure, and this bearish momentum has forced share prices in Johnson & Johnson (JNJ) into the lower $130s. As income investors seek out new reasons for optimism, the company’s third-quarter earnings results loom large. Positive trends established during the second-quarter period suggest that Johnson & Johnson’s bullish sales trends in key business segments are set to continue. With JNJ’s above-average dividend yield of 2.69%, an upside surprise in the next round of earnings figures may give income investors the fuel they need to send share valuations higher in the months ahead.
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