How To Invest In Johnson & Johnson Stock From India?

Johnson & Johnson (ticker: JNJ) is a popular US company that's been operating since 1886. JNJ products are well known across the world because it owns leading brands like Benadryl, Listerine, Band-Aid, etc.

JNJ was 35th on Fortune 500's list for 2020 in terms of total revenue ahead of companies like IBM, Intel, Boeing, Facebook, and others. In this blog, we'll help you find out how to buy JNJ shares from India.  

When Did Johnson & Johnson Go Public?

Johnson & Johnson (JNJ) went public in September 1944 for $37.50* per share. That's 5 decades before companies like Tesla were even founded. 

JNJ has been trading on the New York Stock Exchange since.  It was during the same year that the famous “Our Credo” document was drafted by General Robert Wood Johnson. 

Credo emphasised JNJ's ethical responsibility of delivering high-quality products and services to all its customers. 

It's safe to say that a lot has happened since JNJ went public. JNJ offered a 100% stock dividend to its investors three years after going public and a 200% stock dividend in the 1960s. 

The company has initiated 6 stock splits since going public. But you'd be surprised to know that JNJ wasn't always the $447.889 billion company that it is today. 

Johnson & Johnson initially began as a medical device and equipment manufacturer.  

Later on, JNJ branched out to pharmaceuticals, R&D, and personal care as it was propelled by shrewd marketing and tactical branding that has made it the household name it is today. You can consult a Cube Wealth Coach or download the Cube Wealth App.

Read this blog to know more about the Top US Healthcare Sector Stocks For 2021 

The Fundamentals Of Johnson & Johnson (JNJ)

1. Stock Name: Johnson & Johnson 

2. Ticker: JNJ

3. Share Price: $170.08**

4. Market Cap: $447.889 Billion

5. Beta: 0.71

6. P/E Ratio: 30.04

7. EPS: 5.66

8. 52 Week Low: $133.65

9. 52 Week High: $173.65

10. Dividend: Yes

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Historical Performance Of Johnson & Johnson Stock (JNJ)

Fun Fact: Johnson & Johnson presented their products at the World’s Fair of 1893 alongside Nikola Tesla and Thomas Edison. 

Benefits Of Johnson & Johnson Stock (JNJ)

1. Global consumer health sales of Johnson & Johnson increased to $14.1 billion in FY2020. 

2. JNJ's global pharmaceutical sales saw a jump of 8% to $45.6 billion in FY2020. 

3. JNJ revealed that the overall FY2020 global sales increased by 0.6% to $82.6 billion. 

4. The single-dose JNJ covid vaccine was approved for use by the US in March. JNJ is also applying for vaccine approval in countries like Japan.

5. Johnson & Johnson owns successful brands across verticals like baby care, personal care, hygiene, medical equipment, pharmaceuticals, and more. 

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Cons Of Johnson & Johnson Stock (JNJ)

1. Johnson & Johnson’s global medical devices sales dropped by 11.6% to $23 billion. 

2. Various JNJ products occupy a space that's thoroughly scrutinized and under the microscope where the slightest of negative press may have long-standing repercussions.  You can consult a Cube Wealth Coach or download the Cube Wealth App.

Read this blog to find out about the tax on US stock investments 

How To Buy Johnson & Johnson Stock (JNJ) From India?

Cube makes it easy for investors to buy shares of reputed companies like Johnson & Johnson (JNJ) from India. The Cube Wealth app is reliable, intuitive, and super simple to use. 

Furthermore, Cube helps Indian investors open a US brokerage account with Cube's partner, DriveWealth. But wait, there’s more. Cube is the first app to bring US stock advisory to India with RIA, Rick Holbrook.

Rick Holbrook is a Registered Investment Advisor (RIA) from the US who currently manages $130 million for HNIs. Cube users can access Rick's advisory services to buy and sell US stocks from India. 

The best part is that you can start investing in 3000+ US stocks like Intel, Microsoft, Salesforce, Tesla, and more for as low as $1.  Here's how you can get started:

• Download Cube Wealth
• Complete the KYC process
• Go through LRS formalities 
• Get buying advice 
• Invest as little as $1
• Get selling advice 

FAQs 

1. Which Indian brokers offer access to U.S. stock markets?

Ans. Several Indian brokerage firms offer the option to invest in U.S. stocks. Some popular choices include Zerodha, ICICI Direct, and Kotak Securities. It's essential to research and select a brokerage that best suits your needs, offers access to U.S. markets, and provides a user-friendly trading platform.

2. What documents are required to invest in U.S. stocks from India?

Ans. To invest in U.S. stocks from India, you will typically need the following documents:

a. A PAN (Permanent Account Number) card

b. An NRE (Non-Resident External) or NRO (Non-Resident Ordinary) bank account

c. KYC (Know Your Customer) documents

d. An Individual Foreign Investment Compliance Certificate (IFICC), if applicable

3. Are there any tax implications for Indian investors buying U.S. stocks like Johnson & Johnson?

Ans. Yes, there may be tax implications for Indian investors buying U.S. stocks, including Johnson & Johnson. You may be subject to capital gains tax in the U.S. as well as taxes on foreign investments in India. It's advisable to consult with a tax advisor to understand and comply with the tax regulations in both countries.

4. Can I invest in Johnson & Johnson indirectly through mutual funds or exchange-traded funds (ETFs) in India?

Ans. Yes, you can indirectly invest in Johnson & Johnson and other U.S. stocks through mutual funds or ETFs that have holdings in international equities. Look for funds that focus on the healthcare or consumer goods sectors, as they may include Johnson & Johnson in their portfolios.

Conclusion

Investing in Johnson & Johnson stock from India necessitates access to U.S. stock markets, which can be facilitated through Indian brokerage firms that offer international trading options. To get started, ensure that you have the required documentation, including a PAN card, and open the appropriate bank account as per regulatory requirements.

Indian investors can also explore indirect investment opportunities in Johnson & Johnson through mutual funds or ETFs that hold international healthcare or consumer goods stocks, which may include Johnson & Johnson in their holdings.  You can consult a Cube Wealth Coach or download the Cube Wealth App.

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*Adjusted for inflation.

**Data valid as of 25/06/2021.

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