What is with this stock? Does anyone track JNJ? How does JNJ look over time? Is this the most expensive JNJ has ever been relative to its growth rate? I mean ~3.8x Sales, ~3.8x Book, ~17x earnings, 1-3% revenue growth, maybe 5-6% earnings growth after buybacks. am i nuts? what is with the entire U.S. health care sector. what am i missing?
it is seemingly apparant misvaluation like that seen in JNJ shares that make me extremely wary of this rally. furthermore, Kroger being up 75% in 6 months, nuts. the last time KR climbed at this rate was 1999-2000. just saying.