can someone summarize why the stock JNJ stayed stable over the past 3 months?

Question by Needy28: can someone summarize why the stock JNJ stayed stable over the past 3 months?

too lazy to go through all the news section. thanks.

Best answer:

Answer by Jim Z
JNJ is a manufacturer of staple products. They are products everyone needs in a rough economy. JNJ and PG are two stand by companies many investing institutions stay with in a down economy. BUT if you look at the one year chart, this really did not happen. It dropped, then came back to where it was before the market corrected.

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Q&A: If a company sells a product months after it’s recalled, what’s the liability?

Question by fran: If a company sells a product months after it’s recalled, what’s the liability?

I asked a question earlier about this regarding my foot warmer which burned through everything. I have just learned that the product was recalled BEFORE they sold the product!

Best answer:

Answer by Victoria Sparda
Oh yes…by selling a recalled product they have to pay for any damages………….and then some based on how you go at it.

It was recalled for a reason….it’s the store’s responsibility to get it off their shelves.

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