2024-06-30 04:20:26 ET
Summary
- On the surface, Procter & Gamble's stock price appears very unattractive at the moment.
- Revenue growth rate is falling down as recent pricing initiatives roll over and with that, margins have likely peaked.
- The share price, however, already reflects that and downside risk appears limited, in spite of the premium valuation.
In a market where the main narrative is dominated by technological innovations and artificial intelligence, it is nearly impossible for retail investors to flock into slow-growth consumer defensive stock like Procter & Gamble (PG)....
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Procter & Gamble: Not The Best Time To Buy, But Downside Risk Is Limited