$62.56
-0.63 (-1.00%)
The Procter & Gamble Company (PG)
CAPS Rating:
The Company provides consumer goods products to improve the lives of the world's consumers. It is organized into three Global Business Units: Beauty and Health; Household Care; and Gillette GBU.
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Just like with JNJ - purchasing at the beginning of the troubles would have been good. Purchasing now will lead to under performance of the market in the uptick. This one's too stable to be a market beater.
While PG is resistant to recessionary pressures, it is not impenetrable. Management has already indicated that sales have been affected. The question will be can they hit their profit numbers for last quarter and the first quarter of this year. The "market uptick" isn't coming now. It should ride out the storm better than others and outperform the market but still could generate a negative return for the next several months.
If the top bear bitch is about whether P&G will outperform the S&P500 or not, then I fell pretty safe about having it in my portfolio in real life. But still I agree with you.
actually i have 100 shares of jnj. What is too stable to be a market beater . Like a trillion dollars in cash over debt as an example .
This will likely underperform for the next 3-6 months but when the downturn continues people will continue to buy their products. I say outperform for the next 5 years.
You make a good point when you say it isn't a market beater coming out of a very deep downtrun because it didn't fall that far in the first place.But over time three years or more - it's a market beater - and the stability and the dividend make this worth having at any time.
You make a good point when you say it isn't a market beater coming out of a very deep downtrun because it didn't fall that far in the first place.But over time three years or more - it's a market beater - and the stability and the dividend make this worth having at any time.