The summer months can be a weaker time for stocks generally, but some stocks do buck the summer trend. Johnson & Johnson is one of these stocks with strong seasonals but also, as a healthcare stock, it is more likely to weather any coming recession. That is due to the fact that healthcare is considered a defensive sector because people require medical care regardless of the economic conditions. The demand for healthcare products and services remains relatively stable, providing a degree of resilience to healthcare stocks during economic downturns. Furthermore, during recessions, governments often prioritise healthcare spending to ensure the well-being of their citizens.

Over the last 15 years, between June 12 and July 12, Johnson & Johnson has gained 93.33% of the time for an average return of 2.59%. Will share prices rise again this year? Or will the Fed meet this week and deliver a policy surprise signaling even higher interest rates to come for the US?

Major trade risks: There are multiple risks in markets at the moment surrounding growth concerns, liquidity risks, and uncertainty over upcoming US corporate earnings.

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