Johnson & Johnson Is Regaining Its Health

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Johnson and Johnson reported 4th-quarter earnings Wednesday and signs show the company may be regaining its health. WSJheard explains. WSJWhatsNow

Fourth-quarter results were solid, although unspectacular. Sales of $20.7 billion narrowly missed analyst expectations, while adjusted earnings of $1.

88 a share topped estimates. Shares edged lower in morning trading after rallying sharply since November. But there is good reason to expect the selloff to be brief.

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