Menu
You have to log in or sign up before you can proceed.
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Procter & Gamble Stock: Buy, Sell, or Hold?


Procter & Gamble (NYSE: PG) is a favored stock among investors for consistent growth and income. The company has been around for ages, selling top brands in grocery store aisles that people purchase every day. Among the many premium brands it manages are names like Gillette, Tide, Charmin, Dawn, Oral-B, Pampers, Vicks, Swiffer, Crest, and many others. 

The stock price more than doubled (when including dividend reinvestment) over the last five years, significantly beating the return of the S&P 500 index. It's also notable that P&G shares outperformed industry peers in the Consumer Staples Select Sector SPDR Fund over the same period.

However, the stock underperformed over the last year, up 5.5% to the index's 13% total return. P&G reported weak sales volumes due to inflationary headwinds. But price increases allowed the company to deliver profitable growth in a challenging economy. Solid growth on the bottom line is fueling growing dividend payments to shareholders.

Continue reading


Source Fool.com

Like: 0
PG
Share

Comments