@tslaqpodcast @StockPriceBro1 @SardonicCanuck $JNJ trades for 16.5x 2021 earnings.  A forward earnings yield of 6.1%,  and earnings yield that should grow 6-10% annually for a long time.  Dividend yield of 2.7% plus earnings growth of say 7%, with no change in P/E should be able to compound 10 ish % for a long time.  1/2