Procter & Gamble Company (NYSE:PG) Semi-Monthly Update
Procter & Gamble (PG) continues to be one of the leading Dow 30 - Industrials composite Companies. It is on a Strong Hold, but my Indicators are breaking down. I believe it will try to test its highs in the coming weeks.
You may want to review my previous articles on PG (just click) will provide you with the exact history of my Forecasting / Formal Client Recommendations and much more.
Performance for Procter & Gamble can be found in my table below and is about 16% per annum for the last 5 years. (not including dividends).
I have completed my weekly study of all my High Profile Consumer Staples / Home Products Companies. I suggest that there is little support for notably higher prices in the making. This is a study that is a pleasure for me to do because I have spent time and experience in the study of Income and Growth Companies like PG. Each time it offers support for my on going analytics, and I smile.
My objective is to identify changing trends for my forecasting analytics. Simple stated, I want to have current notes to quickly refer to on the anticipated direction of this sector and industry group.
A Special Note for Seniors & Retired Investors - Dividend Yield: 3.00%
This week's commentary on Procter & Gamble covers all of my indicators, both fundamentally for valuations and technically for momentum. Despite its relatively low dividend it can be a very safe and productive company for Income Investors. There is always much to cover to provide my best possible forecast and opinion.
Forecast & Opinion from my Study / Analytics:
Procter & Gamble Company and other home products Companies are tracking the marketplace well. The rally since mid 2012 is getting quite long in the tooth.
Forecast w/ Performance:
Note: The below Table is for your review, questions and perhaps thoughts. If you would like to "Invest Wisely" in my "Income & Growth Asset Allocation Model," please email me to open a dialog on how I go about providing superior performance with a very low threshold of risk.
My current forecast is not as bright as you may think! (I will be more specific upon your email request).
If you own or are considering owning home products companies, the securities are becoming a mixed, not so positive bag. Procter & Gamble is currently relatively strong technically, but I have reservations about my fundamental valuation; however, it is on my Initial Bearish Forecast - "Warning."
My current opinion is to hold in anticipation of taking profits. This may be at even higher prices, but there will be an end and time to sell, but that is not currently in my forecast. That is a balancing of my below three pillars of research.
Fundamentally - ( weighting - - 40% ): My Analytics for my fundamental valuation play a vital role in profitable managing money. Earnings continue to be relatively strong.
Technically - ( weighting - - 35%): Within this outstanding company, my indicators remain strong. It is only slightly off its highs of $85, is selling for $80.
Consensus Opinion - ( weighting - - 25% ): My third pillar of research is one that is always distorted to the positive by most all financial analysts. That's because they are afraid of being bearish. I am not! My articles on "reality" are supportive of the below 20 year Chart.
I will personally and promptly reply to any serious investor's inquiry as to my very cautious position for PG !
A Twenty Year Perspective of Procter & Gamble Company
Procter & Gamble has taken some big hits over the years!
URL for (20-years of -(PG): http://stockcharts.com/h-sc/ui?s=PG&p=W&yr=20&mn=0&dy=0&id=p83330352533&a=330115443
"Selectivity" is what I preach (along with discipline and patience) and is what separates the average investor and mutual funds from the profits that come with long-hours / hard work and "selectivity."
Here are a number of the Component Companies / Peers in the Home Products Industry Group that I focus on rather frequently if you wish to follow me: (PG), (NYSE:CLX), (NYSE:CHD), (NYSE:ENR), (NYSE:SMG). And, more . . .
If you are seeking guidance or direction, please feel free to email me. My personal blog or site is: Investing Wisely.
Smile, Have Fun, "Investing Wisely,"
PG, CLX, CHD, ENR, SMG