3 Reasons The Procter & Gamble Company Stock Could Rise
In a previous article, I laid out the bear case against Procter & Gamble (NYSE: PG). Today, let's take a look at some ways the consumer-goods titan's stock could trend higher in the coming years.
Higher profit margins could help boost Procter & Gamble's stock price to new all-time highs.
Over the last five fiscal years, P&G has slashed its costs by more than $10 billion. Now, the company has set its sights on generating an additional $10 billion in cost savings over the next half-decade.
Source: Fool.com