Shortly after the opening bell, we will be selling 125 shares of Johnson & Johnson (JNJ) at roughly $171.26. Johnson & Johnson is trading up in the premarket, adding to a solid rally that kicked off when the health-care company reported earnings last Thursday . A split-off is when a company gives its shareholders the option to either keep shares or exchange some or all of their shares for new shares in the separated company. Johnson & Johnson confirmed this morning it will offer Kenvue shares at a 7% discount. A researcher works at the laboratory of the research and development plant of US multinational medical devices and pharmaceutical company Johnson & Johnson, in Val-de-Reuil, northwestern France Charly Triballeau | AFP | Getty Image

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Persons: Johnson, Jim Cramer's, J, JNJ, it's, Jim Cramer, Jim, France Charly Triballeau Organizations: Johnson, Investors, CNBC, AFP, Getty Locations: California, Val, France