5 Biggest Holding Companies in the World

2. Johnson & Johnson (NYSE:JNJ)

Market Capitalization as of November 25th, 2022: $463 billion

Johnson & Johnson (NYSE:JNJ) is an American company that offers consumer health and pharmaceutical products. It is based in Brunswick, New Jersey.

Despite being one of the largest companies in the world, Johnson & Johnson (NYSE:JNJ) is valued at approximately 5x of its sales and 17x of its earnings, indicating the market’s confidence in a firm that is very likely to be a strong stock pick should a recession hit. The firm is also acquiring a medical company for $16 billion to further grow its subsidiary portfolio.

85 out of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey of 920 hedge funds had bought Johnson & Johnson (NYSE:JNJ)’s shares.

Johnson & Johnson (NYSE:JNJ)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 5.9 million shares that are worth $967 million.

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