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Procter & Gamble (PG +1.1%) traces out another all-time high with its ability to keep...

Procter & Gamble (PG +1.1%) traces out another all-time high with its ability to keep gaining market share and drive core gross margins up over 50% helping to draw in investors. Can it keep going? A recent upgrade from Canaccord focused on the aggressive cost-saving plan at P&G, with analysts calling it the "most significant transformation the company has ever attempted." SA author Efsinvestment likes the potential for more buybacks and dividend hikes.
Comments (1)
  • MULCH1234
    , contributor
    Comments (3) | Send Message
     
    A large part of P&G business comes from Walmart with the slowdown
    at Walmart and and fragile economy and upcoming March issues in
    Washington, I think its time to take some profits off the table and wait
    for a pull back. P&G is doing better but next 2 earning statements will
    show the real story.
    19 Feb 2013, 03:08 PM Reply Like
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