- Johnson & Johnson is a holding company of enduring healthcare products produced and sold by happy employees.
- The company’s leadership team - portfolio managers per se - are delivering outstanding returns to shareholders by way of a stock that is neither overpriced nor underpriced.
- J&J presently carries the highest margin of safety rating on the Main Street 20 Watchlist.
- But the stock's dividend aristocracy may be threatened by liability claims against some of the company’s products.
Welcome to the 15th installment of the Main Street Value Investor (MSVI) series, the happy people edition, exclusively on Seeking Alpha (Subscribers to MSVI Member Forum got the first look at this research).