If You Invested $10,000 in Johnson & Johnson’s IPO, This Is How Much Money You'd Have Now

If You Invested $10,000 in Johnson & Johnson’s IPO, This Is How Much Money You'd Have Now

Source: 
Motley Fool
News Tags: 
snippet: 

There's no bigger healthcare company on the planet than Johnson & Johnson (NYSE:JNJ). And the next company on the list trails behind in a distant second place.

Wouldn't it have been great to get in on the ground floor of Johnson & Johnson? Sure, but you'd have to be a medical miracle to still be alive today. The company was founded way back in 1886.

However, there are some people who are still around who could have participated in J&J's initial public offering (IPO). How much money would you have now if you had been in that group and invested $10,000 in J&J? You might be stunned by the answer.