Is Procter & Gamble Stock a Buy?
Stock investors looking for jaw-dropping growth probably won't find it with Procter & Gamble (NYSE: PG). Even in the best of times, the consumer staples outfit slogs along at a single-digit percentage pace. Value investors won't exactly be thrilled either. P&G shares are now consistently priced at more than 20 times their trailing and projected earnings. It's not even the top dividend pick among its peers; Unilever boasts greater dividend payout growth.
Nevertheless, Procter & Gamble is a solid buy for investors looking to add some stability and reliability to their portfolio. Not only is the company a giant that's not going to be pushed around by its rivals, but P&G has also finally and fully recognized the potential of the internet as a marketing tool. And it's now doing something about it.
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Source Fool.com
