1 Green Flag and 1 Red Flag for Procter & Gamble
Procter & Gamble (NYSE: PG) investors don't fear a recession as much as owners of other companies might. The consumer staples giant owns dozens of brands in essential categories, like hair care and laundry detergent, that don't tend to decline when economies tighten.
That's one of the many reasons why P&G stock is often seen as an attractive holding during turbulent times. But P&G is barely beating the market so far in 2022 and roughly matching the performance of its peer Kimberly Clark, which isn't nearly as profitable.
With that in mind, let's look at a key reason for optimism about P&G's stock, along with one factor that should have investors worried.
Source Fool.com
