Johnson & Johnson (JNJ)

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Johnson & Johnson Profile

Johnson & Johnson (JNJ.xnys) is an American multinational corporation founded in 1886 and headquartered in New Jersey, the United States. Johnson & Johnson focuses on the development and sales of medical devices, pharmaceuticals, and consumer packaged goods. It is the fourth-largest pharmaceutical company globally, consisting of about 250 subsidiary companies, a workforce of 130.000 people, operations in 60 countries, and products sold in over 175 countries. Johnson & Johnson (JNJ.xnys) is traded on the New York Stock Exchange (NYSE) as a component of the Dow Jones Industrial Average Index (DJIA), the Standard & Poor’s 500 (S&P-500), the Standard & Poor’s 100 (S&P-100), and has a market cap of $455.08B (USD). Johnson & Johnson committed over $1B (USD) toward the development of a not-for-profit COVID-19 vaccine. However, the company announced a 27.14% increase for the quarter and a 10.79% increase for the twelve months ending June 2021. It faces 26.000 new lawsuits over its baby powder allegations for causing ovarian cancer.

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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