Where Will Procter & Gamble Be in 1 Year?
Over the past two years, Procter & Gamble (NYSE: PG) stock has nearly doubled as the company has made some major changes. It shed businesses it didn't feel were core to operations, and consolidated development and sales efforts into a more focused group of brands.
These moves have helped push organic growth higher in 2019 on impressive volume growth. In the most recent quarter, organic volume was up 4%, helping push organic sales 7% higher. As long as the economy holds up, the growth trend may continue -- and that would put P&G in a much better position a year from now for investors.
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Source Fool.com
