Johnson & Johnson Makes New All-Time High By A Wide Margin

Johnson & Johnson JNJ shares are trading higher by $4.60 (3.6 percent) at $140.72 in Tuesday's session.

The catalyst for the rally is a Q3 EPS beat of 10 cents along with a sales beat of $400 million.

After a higher open, JNJ a had brief retreat but found support just under the top of Monday's range ($137.26), reaching $137.06 before continuing its move higher. It has continued to make new highs for the session, with the current one standing at $141.12 as of 3:00 p.m. EST.