$64.36
0.13 (+0.20%)
The Procter & Gamble Company (NYSE:PG)
CAPS Rating:
A leader in consumer goods, Procter & Gamble offers products for household care, beauty and grooming, and health and well-being.
A leader in consumer goods, Procter & Gamble offers products for household care, beauty and grooming, and health and well-being.
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Recs
PG will lead the way out of the recession, but once we're in bull market territory they will remain stagnant - a favorite income investor play. But for the next 18 months or so - PG will continue to provide the products that even broke consumers need, which results in refreshing profit in a downtrodden time.
You are certainly right and proctor and Gamble is an amazing buy right now for near $50. Just their beuty section contains hair care, cosmetics, deoderant, toothpaste, and much more. They have anything and everything that you could possibly use(almost). I highly doubt that people will give up brushing their teeth and washing their hair because of the recession. They have products that don't cost a lot yet are very intruiging to buy. They have an excellent dividend, manageable debt, and a great company. BUY! BUY! BUY!