Investing in Stock- what I am keeping my eye on

So having shared what I look at, these stocks are on my watch list in no particular order (please note that this is not investment advice nor solicitation to purchase any of the stocks below, please conduct your own research before making any investments):

1. Corby Distilleries Limited (TSX: CDL.A): The 2nd largest spirits maker in Canada (they produce Lamb's Palm Breeze, Beefeater, Kahlua). Alcohol is a regulated industry (you have to have rights to produce booze by country; the largest province in Canada, Ontario, owns most of the distribution channels preventing price competition), is in a recession proof industry, has no long term debt and pays regular dividends as well as a special dividend from all the surplus cash it has; and
   
   
2. Johnson and Johnson (NYSE: JNJ): Producers of many house-hold medicines and consumer staples (Tylenol, Bengay, Acuvue contact lens), increasing dividend payments, many of their products are patent protected (which means there is no price competition until the patent expires), net cash flow from operating activities has increased year over year and the stock is trading below its Jan. 1 price providing a buying opportunity.