3 Reasons to Buy Procter & Gamble Stock Like There's No Tomorrow
Does your portfolio need more exposure to the relatively safe consumer staples sector? How about dividend income? Maybe you're even considering a stake in The Procter & Gamble Company (NYSE: PG) but can't quite convince yourself to take the plunge. That's certainly understandable. The stock isn't cheap right now, and it's not like there's a ton of growth opportunity for this already-enormous outfit.
Just be careful of talking yourself out of a great stock pick. There are plenty of good reasons to take a swing at P&G at this time. Here are my top three.
Being a market-share leader doesn't inherently make the company's stock a buy. On the other hand, a category leader is usually a category leader for good reason. That reason is, the product is a superior one, and the company behind it knows exactly how to market it.
Source Fool.com
