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Is Johnson & Johnson a Buy?


Johnson & Johnson (NYSE: JNJ) is a blue-chip pharma stock with annual revenues in the neighborhood of $80 billion -- and that's before considering the potential of its coronavirus vaccine candidate, JNJ-78436735. What's more, it has several other multibillion-dollar opportunities coming out of its research and development (R&D) pipeline in the next few years. 

Yet Johnson & Johnson did not perform as well as the S&P 500 over the past year. Indeed, the company stock only returned 12% compared to the index's 16% gain. But could the healthcare giant beat the market in 2021?

JNJ Total Return Level Chart

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Source Fool.com

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