Filed under: Newsletters, Procter and Gamble (PG), Stocks to Buy
“For our latest Focus Stock we look to the consumer staples chain, add Proctor & Gamble (NYSE: PG) to our portfolio,” says Chris Johnson.
In The Insightful Investor, the advisor explains, “Consumer staples stocks continue to provide a bullish alternative within this potentially slowing economic environment.” Here is his review.
“Proctor & Gamble is attractive for a number of reasons. First, the obvious: in the consumer staples universe, it’s hard to get bigger than P&G. The Cincinnati-based company produces everything from Ivory soap to Pampers diapers to various snack foods.
“In other words, P&G has a heavy presence in most every household, something that probably won’t change too much should the economy slow down.
“Second, PG has an incredible international presence, which provides a few valuable fundamentals. Demand for their products continues to grow with the strength in overseas economies. And a weakening dollar won’t hurt P&G’s balance sheet as it may other domestic companies.
Continue reading Procter & Gamble (PG): Stick to staples
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