3 Reasons Procter & Gamble Co. Stock Could Rise
Procter & Gamble (NYSE: PG) shares are back up above $90 and so far have kept pace with the broader market in 2017. Below, we'll look at a few trends in the business that could turn that steady growth into a more substantial rally.
P&G's revenue growth pace is inching higher, with organic sales set to expand by 2.5% this fiscal year compared to 2% last year and 1% the year before. The consumer products giant has even managed to add distance between itself and rivals on this score. Kimberly-Clark (NYSE: KMB), whose Huggies diaper brand competes against P&G's Pampers, recently lowered its full-year organic growth forecast to flat.
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Source: Fool.com
Unilever plc ADR Aktie
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