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Sign in / Join NowSummaryJNJ reported a quarter and guided certain metrics for full year 2017 down.The company has gotten adroit the past few years in excusing away its mediocre performance in several metrics, and traded up.This article summarizes key aspects of Q2 performance.It also explains why JNJ has lost its luster for this observer and is now just another mega cap name that the Street supports strongly.Introduction Johnson Johnson (JNJ) had an unimpressive quarter and guided down. Yet the stock moved up, participating in the strong global rally that equities are enjoying.I'd like to provide a concise summary of my updated analyses of different aspects of this behemoth, explaining why I've moved on to other names in the sector, beginning with a brief discussion of Q2. While there is lots of detailed information on specific product sales in the press release, I'll focus more on the points management made in the slide show.Q2 uninspiring results and guidance GuidanceSince investors are forward looking more than anything nowadays, beginning with the guidance (slide 24; midpoint of tight ranges):As of Q1 2017 sales growth ex acquisitions/divestitures = 3.25% Now it's 2.75%. refurbished phones uk We also are on a family plan thru us Cellular. But of course have our own phone numbers. 1, I think a lot of the support will follow to that direction from patients and capital markets, Tweed co founder and chief executive Bruce Linton said in an interview.Toronto based Bedrocan and Smiths Falls, Ont. Based Tweed said their businesses are complementary. 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