Stock Market Sell-Off: Is Procter & Gamble a Buy?
Procter & Gamble (NYSE: PG) is an iconic company with an incredible history behind it. That alone, however, isn't enough reason to buy the stock. Here's a closer look at this consumer staples giant, and why value investors might want to hold off on adding this name to their portfolios (even though more conservative investors might still find it appealing).
Procter & Gamble owns a collection of sector-leading brands that generally sit at the high end of their specific categories. The list includes names you probably know, like Bounty, Tide, and Oral-B, among many others. Generally speaking, management works hard on the innovation front to ensure that the premium prices it charges are justified by the benefits its products offer to consumers.
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Source Fool.com
