17 Best Stocks for Kids According to Jim Cramer

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10. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 81

Johnson & Johnson (NYSE:JNJ) was among Cramer’s choice of stocks that are kid-friendly and he stated:

“I don’t know about Johnson & Johnson’s band-aids and shampoo. They were staples and they’ve since been moved to Kenvue. I knew then as well as I know now that Kleenex is something you use to wipe your nose.”

Johnson & Johnson (NYSE:JNJ) is a healthcare company engaged in the research, development, manufacturing, and marketing of a diverse range of healthcare products. Before the company reported its earnings in January, Cramer remarked:

“The market has turned against these kinds of stocks viciously. Too slow growing. I think you can put either way though and make good money just by reinvesting their juicy dividends.

Doesn’t help that all pharma’s are under the microscope as President Biden rushed out a series of drugs that Medicare will try to get better prices for. This is the one part of the Inflation Reduction Act that actually reduces inflation at the expense of the drug companies.”

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