Why Is Everyone Talking About Procter & Gamble Stock?
Procter & Gamble (NYSE: PG) might be the ideal stock for today's environment. Its business has thrived through prior recessions with pricing power providing flexibility in the battle against inflation. As a holding, P&G can anchor a portfolio with its balance of sales growth and direct cash returns. The Dividend King has expanded its payout in each of the last 66 years, after all.
Let's take a look at those factors that have kept the stock beating the market so far in 2022.
A sure sign of a strong business is that it can win market share through a wide range of selling environments. That's clearly the case for Procter & Gamble. Sales in the most recent full fiscal year were up 7%, easily beating rivals such as Kimberly-Clark.
Source Fool.com
