Why Are Investors Still Interested In Johnson & Johnson's Sinking Stocks?
The DePuy hip replacement lawsuit is one of the most challenging situation Johnson & Johnson is going through right now. However, things do not stop there. Johnson & Johnson still has to face their other products. In fact, they have recently recalled millions of over the counter medicines because of contamination. This situation is also getting worse as malfunction reports are also being filed on their other products.
Johnson & Johnson's income has been one of the affected in this hard situation. In fact, last 2010, it was reported that J&J's income went down which cost them about a loss of $900 million. During the last 15 months, J&J have really lost a lot. However, this situation may still have some hope as there are still investors who are interested in buying stocks from Johnson & Johnson. People might find this a bit puzzling but these investors have reasons. As a company, we know how popular Johnson & Johnson is. In fact, this popularity may have also contributed to the fact that this sudden negative situation Johnson & Johnson got themselves into has been receiving a lot of criticisms. Despite this negative situation, one can never deny the popularity of Johnson & Johnson. Johnson & Johnson is a name that everyone can recall. A survey was done among pharmaceutical companies and Johnson & Johnson ranked number. Critics would really have a hard time taking this brand out from people's consciousness. Furthermore, it is unquestionable that people behind Johnson & Johnson will do all they can to save their company and will be more in control to ensure the safety of their product so that this current bad feedbacks can be avoided.
Are you confused whether or not these investors taking an interest in this dropping Johnson & Johnson stocks will affect your case? Call your lawyer and know more!
tags:hip recall,depuy hip replacement,Health,medicine,orthopedics
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