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Ackman Sizes Up Procter & Gamble-WSJ

|Includes:The Procter & Gamble Company (PG)

There is some big news today as Bill Ackman appears to be getting involved in Procter & Gamble (NYSE:PG). At T&T Capital Management we have recently been getting more involved in PG as well as the stock is very cheap at about 13 times earnings with a dividend near 4%. The company has made some mistakes but the economic environment has been brutal, and the stock isn't getting the credit for its stable and attractive cash flows and growth potential.

http://online.wsj.com/article/SB10001424052702303919504577522721131583862.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Disclosure: I am long PG.

Stocks: PG