One of my favorite shows today over at Wallstrip. Great stock, good report, funny and really captures a strategy that P&G worked hard to execute despite it’s old stodgy reputation.
P&G does not have a complicated lifetime stock chart execpt for February 2000.
Obviously it was the great “shaving infection scare of 2000”? :)
I would appreciate if someone would remind me of those long ago days, but today that giant blip is a distant memory.
P&G is a consumer staple company that has delivered the goods for so long, that no one strategy of owning or trading matters much.
Actually, buying 10, even 20 percent dips of a great brand like P&G has surely been the best strategy. Owning it and doing nothing has been a perfect strategy as well, especially factoring in the sweet dividends.
The stock should be owned for those investors that want exposure to the inside of a grocery store and pharmacy.
Wars, inflation, presidents and competition have done little to alter the eventual upwards course of this American legendary public Company.
Disclosure – I have no excuse but am not long Proctor & Gamble.