UNLYF - Procter & Gamble Will Navigate Smoothly Through The Inflation Hurricane
- Procter & Gamble will go through the economic turmoil with the help of a superior product portfolio of non-discretionary, less cyclical products, and market leading brands.
- The company navigated the first few months of excessive global inflation safely, and has provided assuring guidance for the rest of the year.
- I expect the inflation impact to be neutral or positive for the company’s financial performance.
- The share price is still richly valued, and some discount would make entry more attractive.
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Procter & Gamble Will Navigate Smoothly Through The Inflation Hurricane