A leader in consumer goods, Procter & Gamble offers products for household care, beauty and grooming, and health and well-being.
P&G seems to have as its objective to move its customers up to its premium products and then to make those products even more premium. I think that P&G has succeeded but that it's reached the top in some of its products and will see slower growth. Example: How can it be any more successful than it has been with its Gillette razors? (I'd pay 4 times as much for a Gillette razor than for any of its dull, rip-off competitors--it's that good!)P&G would need to make a huge number of successful acquisitions of top labels and then successfully upgrade and sell more of them in the market at higher prices. This strategy will not work as well as it did 10 years ago.
My comment is of an egocentric nature, and divorced from my valuation...as a senior person, I developed a nasty dandruff condition on my eyebrows/eyelids, accompanied by a rash (seborrhiasis). It was brought on partly by a dry skin condition,fixed by a 1% hydrocortisone cream: but I needed a "gentle" skin moisturizer to keep it fixed: in terms of my condition the products in order of effectiveness were Olay (PG), Dove (UnlVR) , and Aveeno (JNJ). (I bought the JNJ moisturizer for half the price of the Aveeno: same good result)
Beauty and health care....How can you go wrong. No matter what the market does...this company will always be a winner...better than any gold investment!!!!
Solid dividend and a great company with products that everyone will always need.
solid company , good long term investment
This is one of Cramer's 4 defensive legs to roll through 3Q 09.
A solid performer with a decent dividend and much needed core products. Has at least some safety in an economic contraction as it proved recently. Now leaner and poised to reap the rewards of a recovering economy as some customers return to prouducts they've like for years. Dollar Store goods and discount goods just aren't as comforting as the brands we kow and trust. We'll get back to that when we're able to loosen teh money belt just a notch or two.
Probably the most versatile company I would invest in. I expect this above $65-70 in a year or two.
This is just a spectacular company. The reason the company has a competitive advantage is its management and the significant brand equity in owned brands. The management and the scope of company operations help make essentially any consumer good more valuable to P&G than to its previous owner. It is amazing to see how strategic advertising helps reinvigorate stale names and how product extensions help realize further value from their brands. The portfolio of leading brands will help them maintain their space on store shelves and ensure they will continue to earn excess economic returns. Expansion to foreign markets and a low valuation make me think this company will outpace the overall economy. The way I'm playing this name is by buying an in the money call for about 1 year out, taking advantage of very cheap leverage without adding risk beyond the amount invested in the call(with plans to buy into the company if prices fall, and plans to exit my position if prices have risen).
Excellent, wide moat company
Obviously PG is a very cyclical stock that almst mimics the S & P, so very hard to call if it will outperform or underperform and the difference shouldn't be much. PG has gained some momentum as of late and based on earning and financials that momentum should last at least a few months.
It's been a buy and nows the time to jump in and watch your invest grow.
Me like everything they sell (which is everything)
we all need their products, even with a sick economy
International opportunities in Europe, superior ability to launch new products
PG is the king of all brand companies. I purchased it in the real world closer to $47 because I sensed value in the stock. As disposable income increases, people will tend to buy their favorite brands, instead of the store brand. PG has armies of marketeer's that know why we buy a particular item and how to craft that pitch directly to us. I also like the nice yield while I wait.
For details about CAPS-UK, and the conditions you agree to be bound by, please see our
Terms and Conditions.
© Copyright 1998-2013, The Motley Fool Limited. All rights reserved. This material is for personal use only.
The Motley Fool, Fool, and the "Fool" logo are registered trademarks of The Motley Fool, Holdings, Inc.
Place of Reg: England & Wales. Company Reg No: 3736872. VAT Reg No: 945 6990 68. Registered Office: 5th Floor, 60 Charlotte Street London W1T 2NU.
This page brought to you by USEQ\WEB22.