5 Best Covid Vaccine and Pill Stocks To Invest In

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1. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 88 

Johnson & Johnson (NYSE:JNJ) makes and sells a variety of healthcare products. It is one of the most reliable businesses in the world with an impressive history of dividend payouts that stretches back decades. On October 21, the company declared a quarterly dividend of $1.06 per share, in line with previous. The forward yield was 2.6%. In the third quarter earnings, the firm beat market expectations on earnings per share by $0.25. 

The company also boosted guidance for the fiscal year following the quarterly earnings beat. Johnson & Johnson (NYSE:JNJ) recently obtained regulatory approval for COVID-19 vaccine booster shots. 

At the end of the second quarter of 2021, 88 hedge funds in the database of Insider Monkey held stakes worth $7 billion in Johnson & Johnson (NYSE:JNJ), up from 81 in the previous quarter worth $6.9 billion.

You can also take a peek at Stanley Druckenmiller is Loading Up on These 15 Stocks and 10 Stocks to Buy and Hold for Long Term According to Warren Buffett.

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