Procter & Gamble Stock: Buy, Sell, or Hold?
A pair of critical operating updates in April provided more clarity around Procter & Gamble's (NYSE: PG) business prospects. The consumer staples leader is targeting slightly faster sales growth in 2023, and management just raised the dividend for the 67th consecutive year.
That good news was tempered by some new Wall Street concerns around P&G's profitability. Consumer demand trends look shaky heading into a potential recession in late 2023 or 2024.
With those crosscurrents in mind, let's look at whether the stock is a compelling investment opportunity today.
Source Fool.com
