20 April, 2015 at 8:58 am in Business
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Of course, historical valuations are only of significance to us if we can reasonably conclude that Johnson Johnson's future growth will be roughly analogous to the company's growth in years past. Right now, the company is growing cheap air max 90 at a 9% annual clip even though it is not readily seen in the current earnings per share figures. That is due to the fact that negative currency adjustments and costs associated with the recalls have taken that figure down to 5%, which understates the core growth of the underlying enterprise.
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