WATCH: Stock pick — Johnson & Johnson

Caroline Cremen from Adviceworx chose Johnson & Johnson as her stock pick of the day.

“I’m going to pick a dividend aristocrat; Johnson & Johnson. Now it is in the news mainly because of the vaccine rollout … this vaccine is relatively good, it requires only one dose, it is easy to transport, it’s easy to store, they have a footprint in developing markets and this is still a quality company. It’s not a vaccine story, it has multi-brands, multi-territories, a pharmaceutical division growing at 25% every year and also the thing that’s going to actually pull this company up in 2021, I believe, is their medical devices segment.”