Jim Cramer explains why Johnson & Johnson rallied after 'surprise' earnings results
1. JNJ shares rose over 6% after beating earnings and revenue estimates. 2. Company raised guidance for future earnings significantly, boosting investor confidence. 3. Breakthrough in cancer treatment projected to bring $5 billion in peak sales. 4. Ongoing talc lawsuits weigh down company but recent performance shows recovery. 5. CFO expressed optimism for 2025-2027 fiscal years, forecasting continued growth.