A leader in consumer goods, Procter & Gamble offers products for household care, beauty and grooming, and health and well-being.
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http://www.pg.com
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We need what they sell
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good numbers to buy after a little dip for this solid brand
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Buy this dip.
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market corrected, will shoot up.
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Took a ~5% slide yesterday.
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Punished more than it deserves
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Although not a sexy company and definitely not a company that will make you rich overnight they are a solid company with quality management. I have no idea if the iPhone 21S will be a huge hit 35 years down the road from now but I'm pretty sure people will still use soap to clean their bodies and laundry. There's a pretty good chance that men will still shave 35 years down the road and people will still have children that use diapers. I'm not looking to beat the S&P every year or have wonderful hidden stock advice at neighborhood BBQ's. I'm looking to put my children through college and retire comfortably while collecting a nice inflationary beating dividend. I'm a simple man and easily pleased.
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Staples...
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Gross Margins=50%, Net Margins=15%, your money is safer here than in Gov't Bonds
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outperform
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They are a dividend "aristocrat" and therefore one of the few companies you can actually bank on continued profitability and healthy, consistent dividends.
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One of the best companies in the world
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Consumer Products
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The company is ahead of plan on its restructuring program (its goal is to see $10 billion in savings by 2016). Industry consolidation will result in fewer competitors, and that should lead to a more favorable price/mix. Lower commodity costs and a weaker dollar should help increase margins.
Worth 1/3 of a position here, with more money being added if we get a strong sell-off in February/March on debt ceiling woes…
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I like Pringles.
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Buying for real portfolio as a safe play.
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