P&G has little growth, high valuation and commodity costs that are about to kill their margins
PG is selling at over 18.5 x 2013 earnings with very little revenue growth. They have been cutting costs to increase earnings and buying back stock to assist their eps. The easing money from the fed is about to start casuing commodity inflation which will significanyly eat into PG's cost structure. MAybe it goes a little higher in this ephoria but the stock should sell at 15x ranings at best and commodity prices and currency war will crush margins.