P&G and J&J; No Longer Twins?

Johnson & Johnson (NYSE:JNJ) and The Procter & Gamble Company (NYSE:PG), have many similarities. They produce consumer goods that cost more and hope consumers will pay for the brand names. Warren Buffett likes both companies as well due to their pricing power. However it seems that a divergence might be beginning.

The world’s largest consumer goods company, Proctor & Gamble, seems to have taken a stumble in its latest earning reports to its shareholders. In its third quarter earnings report, the giant company seems to have taken a beating because it has reported a lower...