Is Procter & Gamble Stock a Buy Right Now?
Procter & Gamble (NYSE: PG) shares are likely to see big swings in the next week, but there's no telling which direction they will move. The consumer staples giant announces fiscal fourth quarter earnings results in a few days, and expectations are high heading into that report.
P&G has been winning market share in a quickly growing industry. Its profitability has held up well, too, as consumers gravitate toward premium branded products like detergents, diapers, and toothpaste.
The earnings update will show whether P&G is still outgrowing rivals like Kimberly Clark (NYSE: KMB). But the bigger questions revolve around profit margin and management's outlook for the new fiscal year ahead.
Source Fool.com
