JNJ Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: JNJ's ongoing FDA approvals and strong pharmaceutical pipeline can drive substantial revenue growth, enhancing investor confidence and price stability in a recovering market.




Bearish Case: Lingering legal challenges related to talc lawsuits and multiple FDA inquiries may jeopardize JNJ's stability, creating downward pressure on stock prices amid increasing cost liabilities.




Potential Outcomes:

1. Successful FDA approvals lead to revenue growth (65% chance).

2. Legal rulings worsen, impacting stock value (50%).

3. Market stabilization helps JNJ regain momentum (40%).

4. Continued negative sentiment from litigation strains stocks (30%).




Trading Oracle: Adopt a bullish stance: initiate a debit spread by buying JNJ $160 calls and selling $165 calls expiring in 35 days. This strategy leverages anticipated volatility spikes and aligns with historical support trends, fostering a favorable risk-reward ratio. Adjust positions for upcoming FDA news.



November 19, 2024


Johnson & Johnson Forecast

JNJ        Johnson & Johnson











Correlated Assets

Assets that tend to move strongly with JNJ



MTCH Forecast + Options Trading Strategies   MTCH  Match (0.8)


BXP Forecast + Options Trading Strategies   BXP  Boston Properties (0.79)


VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (0.79)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.79)


CLPT Forecast + Options Trading Strategies   CLPT  ClearPoint Neuro (0.79)



Uncorrelated Assets

Assets with little price relationship to JNJ



H Forecast + Options Trading Strategies   H  Hyatt Hotels (0.0)


SQ Forecast + Options Trading Strategies   SQ  Square (-0.0)


YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (-0.0)


BHF Forecast + Options Trading Strategies   BHF  Brighthouse Financial (-0.0)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (0.0)



Anticorrelated Assets

Assets that tend to move strongly against JNJ



TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.69)


TBF Forecast + Options Trading Strategies   TBF  ProShares Short 20+ Year Treasury (-0.69)


CDLX Forecast + Options Trading Strategies   CDLX  Cardlytics (-0.7)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.73)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.78)









Become a more profitable investor with AI optimized trading strategies






×

Chat with JNJ


 Ask any question about JNJ!