3 New Reasons to Love Procter & Gamble Stock
Procter & Gamble (NYSE: PG) just gave shareholders some more reasons to celebrate. The consumer staples giant said on Wednesday morning that it gained market share even following booming demand over the past two years. Profitability is benefiting from rising prices, and cash flow is soaring too.
The operating update put P&G on a stronger growth track than most investors expected. And the earnings picture is brightening despite surging costs.
Let's take a closer look at three reasons why the stock looks even more attractive today.
Source Fool.com
