PG - The Procter & Gamble Company

NYSE - NYSE Delayed Price. Currency in USD
119.20
+0.30 (+0.25%)
At close: 4:00PM EDT

119.20 0.00 (0.00%)
After hours: 5:33PM EDT

Stock chart is not supported by your current browser
Previous Close120.24
Open119.27
Bid119.21 x 900
Ask119.79 x 800
Day's Range118.68 - 119.65
52 Week Range78.49 - 121.76
Volume3,926,260
Avg. Volume7,632,652
Market Cap298.269B
Beta (3Y Monthly)0.37
PE Ratio (TTM)83.36
EPS (TTM)1.43
Earnings DateOct 17, 2019 - Oct 21, 2019
Forward Dividend & Yield2.98 (2.51%)
Ex-Dividend Date2019-07-18
1y Target Est123.73
Trade prices are not sourced from all markets
  • 10 Stocks to Own Through a Global Recession
    InvestorPlace

    10 Stocks to Own Through a Global Recession

    A recession isn't guaranteed. With each passing day, however, an economic downturn becomes increasingly likely. At the very least, we should expect some broader correction in the markets due to timing issues. After all, we're on a record-breaking bull run. That alone should help adjust how we approach which stocks to buy.Moreover, evidence exists all around us that we'll incur a recession. Obviously, the biggest factor here is the U.S.-China trade war. President Donald Trump has aggressively prosecuted his economic rivalry with China, but his efforts have yielded almost nothing fruitful. And while he has succeeded in damaging the world's second-biggest economy, domestic stability is starting to fracture.This might lead to both sides inking a deal, thereby rendering moot the demand for recession-proof stocks to buy. However, the trade war may have accelerated certain vulnerabilities past the tipping point. More significantly, the trade war has impacted other nations including Germany. Due to uncertainties over the U.K. leaving the European Union, export-dependent Germany risks falling into a recession.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Undervalued Stocks With Breakout Potential And if that happens, it will send a ripple effect throughout the world. Therefore, it doesn't hurt to be prepared. Here are 10 recession-proof stocks to buy: Waste Management (WM)Source: rblfmr / Shutterstock.com This is perhaps the ultimate irony. In an article about recession-proof stocks to buy, I'm here talking about Waste Management (NYSE:WM). Although seemingly an illogical idea, it's actually not. You see, Americans produce a massive amount of waste, or roughly 230 million tons of it every year. Right there you have a legitimate bullish argument for WM stock.Due to the almost inhuman rate at which we throw junk away, landfills throughout the country have been nearing capacity. To help remedy this situation, we've been exporting our recyclables to China. We've mixed our trash with our recyclables, but Chinese workers have sifted through the junk to find recyclable items. However, trade war tensions destroyed this relationship, which might be a benefit to WM stock.Why? With China and other countries rejecting our trash, land earmarked for waste will jump to a premium. And I don't think it's any surprise that WM stock is one of the strongest-performing recession-proof stocks to buy. Procter & Gamble (PG)Source: Jonathan Weiss / Shutterstock.com I couldn't think of a more boring name than Procter & Gamble (NYSE:PG). Known everywhere for their household goods, the company specializes in such compelling products like diapers, detergent and over-the-counter anti-diarrhea medicine. But if you want to protect yourself with recession-proof stocks to buy, boring is usually best.The markets fully agree with this basic assessment. On a year-to-date basis, PG stock has gained over 33%. Moreover, shares have charted a very clean and consistently rising trend channel. This has been accentuated only by brief moments of volatility. Plus, shares have recovered well from the 800-point drop in the Dow Jones Industrial Average in mid-August. * 10 Marijuana Stocks to Ride High on the Farm Bill But will PG stock continue to trek higher? If we head toward a recession, this is one of the few names that will give you confidence. That's because practically everything that Procter & Gamble sells is a necessity, whether we have a downturn or not. Home Depot (HD)Source: Ken Wolter / Shutterstock.com In discussions about recession-proof stocks to buy, Home Depot (NYSE:HD) comes up often. I believe that's the case because HD stock has both bullish and bearish catalysts.When things are going well, Home Depot benefits from more construction activity. During downturns, its revenue streams are somewhat insulated because repairs and renovations don't wait for recessions. And since other sectors are doing poorly in bear markets, HD stock wins over defensive-minded investors.Unsurprisingly, Home Depot shares have performed well this year, gaining about 30%. However, HD stock has offered up a turbulent ride toward those returns, worrying some onlookers.That said, the company received some good news. Due to the repercussions of the U.S.-China trade war, Home Depot's suppliers are shifting manufacturing from China to other countries like Taiwan or Vietnam. That translates to a significant mitigation of the trade war impact, bolstering the argument for HD stock. Dollar General (DG)Source: Jonathan Weiss / Shutterstock.com I've said this before, but the best recession-proof stocks to buy have the most straightforward and logical arguments. Under this context, you should definitely consider adding Dollar General (NYSE:DG) to your portfolio.Simply put, DG stock is a direct play on consumer behaviors during an economic downturn. What do most people do when job opportunities run dry? They buckle in for a long financial winter. For many folks, that translates into doing whatever is necessary to save money, including shopping at dollar-only stores.Another factor benefiting DG stock is that such stores offer comprehensively great deals. For instance, I once picked up a can opener for a buck. To this day, this cheap can opener has never failed me, whereas a $12 variant from a big-box retailer might not last a year. * 10 Stocks to Buy on the Trade War Dip Overall, I think this is the reason why DG stock is up nearly 30% YTD. During this period of extended saber-rattling and worrisome economic metrics, Dollar General has become incredibly relevant. Kroger (KR)Source: Jonathan Weiss / Shutterstock.com Over the years, I haven't shown much love toward grocers like Kroger (NYSE:KR). A big reason why is competition. Not only do you have disruptive organizations like Amazon (NASDAQ:AMZN) encroaching into the arena, big-box retailers like Walmart (NYSE:WMT) and Target (NYSE:TGT) offer one-stop-shop solutions, which include groceries. Thus, KR stock has a steep uphill climb to navigate.Furthermore, I have been right on my hesitancy toward KR stock. However, with Wall Street now shifting their focus to recession-proof stocks to buy, Kroger suddenly looks much more interesting. Of course, some serious risks abound. For instance, shares are down 15% YTD. This is also a company within an industry that depends on high volume to compensate for the low margins.However, KR stock has an advantage during downturns. As a strictly grocery specialist, Kroger can offer lower prices due to bulk shipments. Furthermore, Amazon's disruptive acquisition, Whole Foods Market, probably won't do so well in a recession. Thus, don't overlook KR in your search for recession-proof stocks to buy. Ross Stores (ROST)Source: Andriy Blokhin / Shutterstock.com If you're like me, you probably don't care too much about fashion trends: you just buy whatever looks best on you. And for that reason, I love off-season discount retailers like Ross Stores (NASDAQ:ROST). I get to buy brand-name shoes and apparel, simply because they weren't popular enough or they're a few months old. Millions feel the same way, which supports the case for ROST stock during bull markets.But even in bear markets, ROST stock is compelling. That's because recessions don't happen like a light switch. A decline in GDP doesn't immediately evoke images of a dystopian nightmare. Instead, people do normal things, but with a more cost-conscious mindset. Logically, this environment benefits ROST stock. * 10 Stocks Under $5 to Buy for Fall The markets have agreed with this assessment. Currently, ROST stock is up over 29% YTD. Moreover, shares have so far handled the August volatility well, moving up slightly for the month. Therefore, this is another name to keep on your list of recession-proof stocks to buy. Kirkland Lake Gold (KL)Recession-proof stocks to buy don't always have to be so boring and predictable, as Kirkland Lake Gold (NYSE:KL) proves. As you might deduce from the name, KL stock is a precious metals mining investment. And I really love gold and silver in this particular market setup.Primarily, I say this because the Federal Reserve is essentially greenlighting gold and silver prices to jump to all-time records. How? In late July, the Fed announced that they will cut benchmark interest rates, a first since 2008. Later, the yield curve inverted, which basically forces the central bank to cut rates further to flatten the curve.Generally speaking, these actions are inflationary for the U.S. dollar. And that is good for gold and silver prices, which in turn benefits KL stock.Another factor bolstering shares is the political stability of their projects. Largely doing business in Canada and Australia, these two nations have stable infrastructures and are allied with the U.S. With precious metals moving higher, KL stock just seems like a no-brainer. AMC Entertainment (AMC)Source: Sundry Photography / Shutterstock.com Unfortunately, cineplex operator AMC Entertainment (NYSE:AMC) hasn't panned out as I had hoped. Of course, the critics would blast me for even thinking about AMC stock. In a world where streaming giant Netflix (NASDAQ:NFLX) dominates the content-entertainment ecosystem, AMC seems anachronistic, like a time-traveling DeLorean.A major reason why AMC stock hasn't performed to speculators' expectations is this year's movie offerings. In my opinion, it's a very slow season for Hollywood. Furthermore, it won't get better until Disney (NYSE:DIS) releases its highly anticipated "Star Wars" film.But as a speculative play among recession-proof stocks to buy, I like my chances with AMC stock. No matter what, humans are social creatures. Therefore, no amount of streaming will change our hardwired psychology to interact with others. * The 10 Best Cheap Stocks to Buy Right Now Plus, AMC represents (relatively) cheap entertainment. Even with buying outrageously priced popcorn and drinks, you're still better off at the box office than at a typical NFL game. And during a downturn, that pricing advantage is a huge tailwind. RCI Hospitality (RICK)If you're looking for viable recession-proof stocks to buy, RCI Hospitality (NASDAQ:RICK) isn't an equity that you would put on your portfolio. Instead, you would recommend RICK stock to your "friend," who utilizes the company's services frequently. In fact, your "friend" probably has a problem receiving too much hospitality.Joking aside, RICK stock is one of the most interesting and controversial recession-proof stocks to buy. In the aftermath of the Great Recession, several gentlemen's clubs reported that business was booming. Psychologically and practically, I understand why. Men need an outlet after suffering humiliation at work. On the other hand, some women are willing to provide acrobatic hospitality when opportunities run dry.Of course, this is a really shady way of profiting from a possible downturn. However, if you're truly agnostic about your portfolio, RICK stock offers a pathway to survive and thrive. Anheuser Busch Inbev (BUD)Source: legacy1995 / Shutterstock.com I must admit that I don't feel too terrible about suggesting RICK as one of the better recession-proof stocks to buy. Ultimately, I see this activity as consenting adults doing adult things.However, I feel almost shameful about discussing Anheuser Busch Inbev (NYSE:BUD). It's not because of their underlying product. Few things are as American as having a cold one at a backyard barbeque. Instead, it's the reason behind it: BUD stock may outperform your expectations during a recession.Why is that? According to health-related studies, an economic recession correlates with increased imbibing. That's not a surprise. After all, who hasn't knocked back a few to take the edge off a stressful situation?But the question is, should you profit from this narrative? If you feel that this is also a case of adults being adults, check out BUD stock. Bud Light is the top-selling beer in America. And due to its price point, it's very attractive during a recessionary period.As of this writing, Josh Enomoto is long gold and silver bullion, and AMC stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 10 Stocks to Own Through a Global Recession appeared first on InvestorPlace.

  • P&G supplier responds to allegations of human trafficking, forced labor
    American City Business Journals

    P&G supplier responds to allegations of human trafficking, forced labor

    A Procter & Gamble Co. supplier said it is addressing issues cited in a complaint that alleged palm oil plantations in Malaysia have engaged in human trafficking and forced labor.

  • GuruFocus.com

    Procter & Gamble Co (PG) CEO - Beauty R. Alexandra Keith Sold $7.6 million of Shares

    CEO - Beauty of Procter & Gamble Co (30-Year Financial, Insider Trades) R. Alexandra Keith (insider trades) sold 62,930 shares of PG on 08/20/2019 at an average price of $119.98 a share. Continue reading...

  • Will Archer Daniels' Solid Growth Efforts Help Revive Stock?
    Zacks

    Will Archer Daniels' Solid Growth Efforts Help Revive Stock?

    Archer Daniels' (ADM) weak Carbohydrate Solutions segment is concerning. However, the company's growth efforts including the Readiness program is likely to aid performance.

  • Fifth Third, Macy’s, P&G execs named to list of most influential women in corporate America
    American City Business Journals

    Fifth Third, Macy’s, P&G execs named to list of most influential women in corporate America

    Two Fifth Third Bank executives and leaders at Procter & Gamble Co. and Macy’s Inc. made Savoy Magazine’s 2019 list of the Most Influential Women in Corporate America.

  • 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever
    InvestorPlace

    10 Stocks That Every 30-Year-Old Should Buy and Hold Forever

    [Editor's note: "10 Stocks That Every 30-Year-Old Should Buy and Hold Forever" was previously published in April 2019. It has since been updated to include the most relevant information available.]By the age of 30, you should already have nearly a decade's worth of retirement savings under your belt. If you don't, you're not alone. A recent GoBankingRates survey showed that nearly half of the millennials questioned had no retirement savings at all.If you fall into that camp, keep in mind the old saying "better late than never," because it absolutely applies if you're only just starting to build a nest egg. If you just hit the big 3-0 and you've already been saving and investing for years, bravo; however, 30 is a great milestone to look over your investments and rebalance your portfolio with some of the best long-term stocks out there. InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnlike in your 20s, risk is a much larger consideration a decade later. The market is bound to go up and down, and you have to assess whether or not you could handle a market-wide pullback. Moreover, you will want to keep some powder dry to buy on a dip. Income stocks that pay dividends become important stocks to buy at this stage, but choosing some riskier players shouldn't be completely off the table. * 10 Undervalued Stocks With Breakout Potential Of course, investors in their 30s should be holding some of their money in an index fund that will provide conservative growth. But here's a look at ten of the best long-term stocks to buy if you're in your 30s: Best Long-Term Stocks to Buy: Disney (DIS)I recommended Disney (NYSE:DIS) stock when the company's share price dipped below $100 following a racist tweet from Roseanne Barr, the star of one of the company's most successful sitcoms back in 2018. Disney responded by immediately canceling the show and distancing itself from Barr's hateful outburst, but investors worried that the loss of advertising from the canceled show would hurt advertising income.Since then, the market has come to its senses and DIS stock is back to trading above $135 per share.There are a few reasons Disney is one of the best long-term stocks to buy if you're building a portfolio in your 30s. The first is that the company is ripe for a major comeback.Disney is a solid company with a great deal of cash behind it. That means that even in the worst-case scenario, the firm has the money to spend on building out a streaming service from scratch and weather any storms that loom over the media space in the future. The firm also pays a respectable 1.3% dividend yield that will help balance out concerns about growth due to the firm's size. Netflix (NFLX)Another player in the streaming space worth considering one of the best long-term stocks to buy is Netflix (NASDAQ:NFLX).If you missed the boat on NFLX back in 2015 when shares were trading below $50, it might be a hard pill to swallow, but NFLX is still an excellent long-term bet despite the fact that its share price is over $300 today.The reason is that Netflix still has a long growth runway before investors should start to worry about the company becoming too large to produce the kind of growth they've become accustomed to. A company like, say, Apple Inc. (NASDAQ:AAPL) has a market cap of nearly $900 billion, making it unlikely that the firm can continue to grow at the same clip over the next decade. Netflix's market cap of $150 billion leaves plenty of space for the firm to catch up to its fellow FAANG peers over the next decade. * 10 Undervalued Stocks With Breakout Potential NFLX has the growth potential to do so as well. The company has proven that it has a good grasp on the population's ever-changing tastes, and although it has been expensive, Netflix's original content has been a huge draw for subscribers. While the U.S. market has been saturated, NFLX has only just begun its international expansion, leaving a long growth runway for the next few years.Over the past two years, Netflix has been preparing for a major push overseas, and those efforts are due to pay off over the next decade. GHB Insights' head of technology research Daniel Ives said he sees Netflix international expansion opening a potential market of 700 million subscribers in the next 2 years.So, although the streaming space is certainly getting more crowded, NFLX appears to have created a winning formula that makes it one of the best long-term stocks to buy and hold on to. Procter & Gamble (PG)Procter & Gamble (NYSE:PG) is one such stock to buy that, although boring, is a buy-and-hold-until-you-retire kind of stock.As I mentioned above, risk assessment is a huge part of building your portfolio in your 30s, and although you still have plenty of time to let risky bets play out, you should be thinking about adding some low-risk, solid stocks to your portfolio that will keep ticking along as the years go by.What makes PG stock one of the best long-term stocks to buy is that the company's management has a long history of maintaining a healthy cashflow and delivering shareholder returns and its 2.90% dividend yield will provide a reliable income.Not only that but PG's widely diversified business offers investors some security in times of economic trouble. Plus, PG sells a wide variety of necessities like toothpaste and soap, which are unlikely to take much of a hit even in the case of a recession.Increased competition is definitely something to keep in mind when considering PG, but the firm's strong financial position means it has the leeway to refocus its strategy and continue thriving in difficult conditions. Exxon Mobil (XOM)If you haven't started wading back into oil and gas stocks yet, now's your chance. And Exxon Mobil (NYSE:XOM) is one of the best long-term stocks to buy for a few reasons.Now that oil prices are starting to recover, it's worth revisiting the industry. The crash in crude oil prices helped weed out weaker firms and those that survived are coming back stronger than ever with more efficient operations and better future prospects. However, worries about oversupply are still in the forefront of investors mind, which has kept the sector from becoming too expensive.First, XOM's share price is still well below its 2015 highs, giving it plenty of room for a turnaround in the coming years. XOM stock is also working on an aggressive new strategy that includes a $2 billion pipeline in the Permian Basin. The firm also sees potential opportunities in Guyana and Brazil which are expected to help XOM ramp up production significantly over the next few years.Of course, oil prices will play a major role in whether or not XOM's plans are successful, but what's nice about owning Exxon shares is the fact that the company's integrated structure means it's not a direct oil play. So, although that means XOM won't see the same kinds of gains some of its peers do if oil prices spike, that also means it won't suffer the same losses should the opposite occur. * 10 Undervalued Stocks With Breakout Potential XOM also pays out a 5.1% dividend that has been raised every year for the past 36, taking the edge off some of the risk. Walmart (WMT)Discount superstore Walmart (NYSE:WMT) is often overlooked by investors because Amazon.com (NASDAQ:AMZN) tends to be their first choice. While I don't disagree that Amazon is still one of the best long-term stocks to buy, worries about WMT's future are largely overdone.Since being scathed by the ecommerce takeover a few years ago, WMT stock has made an impressive recovery and although the firm is still facing some headwinds, it's a solid stock to buy.Judging by the company's improving e-commerce sales, it looks like Walmart is on the right track to competing against the likes of Amazon. Amazon (AMZN)You'd have to be living under a rock to not have heard all the buzz surrounding Amazon over the past few years. If you haven't jumped on the AMZN stock bandwagon yet, though, there might still be time. Of course, you'd be much better off if you'd bought Amazon stock in 2012 when it was trading at just $200 per share, but the company still is one of the best long-term stocks to buy today.It might seem counterintuitive to consider AMZN when you look at the firm's massive $895 billion market cap and the fact that the company pays absolutely no dividends. Not to mention, AMZN stock has proven to be extremely volatile. However in your 30s you've still got time, and that means there's space in your portfolio for a little bit of wiggle room if you're comfortable with it.Aside from its dominance in e-commerce, Amazon is also a top dog in cloud computing, an industry destined to grow exponentially over the next few years. On top of that, AMZN is spreading its wings in a wide variety of industries including grocery and logistics and there are even rumors that the firm is working to make its way into the healthcare space as well. * 10 Undervalued Stocks With Breakout Potential It's hard to imagine AMZN's market cap getting much larger, but 30-somethings would be remiss not to consider Amazon stock to juice up their gains over the next five or 10 years. Berkshire Hathaway (BRK.B)It would be impossible to talk about the best long-term stocks without including Berkshire Hathaway Inc. (NYSE:BRK.B), run by legendary investor Warren Buffett. Of course, if you're 30 and just picking up Berkshire Hathaway stock now, then you're about to miss the boat in terms of benefiting from Buffett's infamous investing sense. However, that doesn't make BRK.B a bad long-term pick. The company has new fund managers at the helm who've already started taking over some of the firm's investment decisions and you can't argue with the value the firm already possesses. Berkshire has a roundup of defensive stocks that will help the firm ride out troubled markets, but the firm will also keep up with upward market trends. If nothing else, Berkshire stock is a great stabilizer that will round out your portfolio and mitigate against major market events making it one of the best long-term stocks 30-something crowd. Unilever (UN)Another consumer products stock to add to your list of the best long-term stocks is Unilever (NYSE:UN). The company has become massively efficient after undergoing major cost-cutting initiatives over the past few years in order to better compete as the industry became more and more competitive.That bodes well for the future because it means the company will be well prepared in the event of a recession, not to mention that the company sells a wide variety of basic necessities, which tend to continue selling even when purse strings are tight. * 10 Undervalued Stocks With Breakout Potential Another reason UN makes for a good stock to buy is the firm's presence in emerging markets. In 2017, more than half of the company's reported sales came from emerging markets. The company's huge footprint within emerging markets sets it apart from its peers because it creates a great long-term growth runway that others don't have access to. Microsoft (MSFT)Another steady-stock to buy in your 30s is Microsoft (NASDAQ:MSFT). Like a few others on this list, MSFT stock isn't exactly the most exciting stock, but it will do its job and make you some money. Unlike others in the IT industry, MSTF is mature which, in this case, translates to stability rather than falling out of touch with what consumers want. Right now MSFT is working to pivot away from its traditional software business and focusing on growth in its cloud business, which includes subscriptions like Office 365 as well as Azure, Microsoft's answer to Amazon Web Services. Growth in that arm of MSFT's business has been strong. With a P/E of 27 and a dividend yield of just 1.33%, there's no doubting that MSFT is an expensive stock, but you're paying a premium for a well run, solid business that has and will continue to withstand the test of time. Waste Management (WM)It's all well and good to invest in the next hot tech trend or retail story, but if you really want to make a play on future trends then look no further than Waste Management (NYSE:WM), the company that handles everyone's garbage. One thing is for certain, over the next few decades people are going to generate waste, and WM will be there to dispose of it. That makes it one of the best long-term stocks to buy.Not only does WM have a wide moat because of the regulatory permits it holds and its huge network of landfills, but the firm has also diversified its business to offer more than just waste collection and landfill maintenance. Waste Management also handles recycling and has been developing a way to turn landfill gas into energy. That means that as greener living continues to gain traction, WM will benefit as well. * 5 Stocks to Buy With High-Margin Recurring Revenue However, perhaps the most alluring reason to add WM stock to your portfolio is the firm's 1.7% dividend yield. The company has been raising its dividend annually for the past 15 years and there's no reason to expect that to stop anytime soon.As of this writing, Laura Hoy was long AMZN, AAPL, UN and NFLX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever appeared first on InvestorPlace.

  • Maisonette, P&G veteran tapped as CEO of restaurant group
    American City Business Journals

    Maisonette, P&G veteran tapped as CEO of restaurant group

    A former Procter & Gamble sales representative who worked his way through college at the Maisonette in downtown Cincinnati, has been hired as CEO of a restaurant group.

  • American City Business Journals

    P&G launches ad campaign featuring NFL’s top QB

    New Procter & Gamble ads feature Patrick Mahomes, the Kansas City Chiefs quarterback who was the NFL’s most valuable player last season.

  • Head & Shoulders Enlists Patrick Mahomes and Troy Polamalu to Settle the Age-Old Debate - Offense or Defense?
    Business Wire

    Head & Shoulders Enlists Patrick Mahomes and Troy Polamalu to Settle the Age-Old Debate - Offense or Defense?

    As the official shampoo of the National Football League (NFL) for over ten years, Head & Shoulders is tackling one of the oldest clichés in football that “offense wins games, but defense wins championships.” Head & Shoulders has watched patiently from the sidelines as this debate has persisted amongst fans across the country, and this year, they’re honoring the NFL’s 100th Season by settling it once and for all. To defend each side of the debate, Head & Shoulders is enlisting the help of Kansas City Chiefs quarterback and MVP, Patrick Mahomes and NFL legend and iconic hair ambassador, Troy Polamalu.

  • 3 Big Stock Charts for Tuesday: Twitter, Lowe’s and Procter & Gamble
    InvestorPlace

    3 Big Stock Charts for Tuesday: Twitter, Lowe’s and Procter & Gamble

    Following through on Friday's bullishness, more hope on the trade front spurred the S&P 500 up to the tune of 1.21%. The move left behind a gap, though, and still left the index under a couple of key moving average lines that could be resistance.Source: Shutterstock Chinese stocks led the charge. Enthused about the prospect of rekindled trade between China and the United States, Baidu (NASDAQ:BIDU) rallied nearly 8% during the regular session headed into its post-close earnings report. But, shares jumped nearly another 9% on numbers investors liked.Iqiyi (NASDAQ:IQ) was up almost 6% during yesterday's regular-hours session, but didn't see the same post-close fate as Baidu. IQ stock fell more than 9% after Monday's closing bell rang. Revenue came up short of expectations and guidance was less than thrilling as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHolding the market back was General Electric (NYSE:GE), down 1.4% as investors continue to grapple with recent accusations that its balance sheet under-reflected its true risks. * 15 Growth Stocks to Buy for the Long Haul As for names worth a closer, trading-oriented look headed into Tuesday's session, check out the stock charts of Lowe's (NYSE:LOW), Procter & Gamble (NYSE:PG) and Twitter (NYSE:TWTR). Here's what's most noteworthy. Twitter (TWTR)It has been incredibly erratic action, but progressive action nonetheless. That is, Twitter shares are being guided upward, squeezed toward the narrowing tip of an ascending wedge pattern. More recently, TWTR stock has been finding support at levels that suggest the buyers are working on forcing a breakout.That won't be easy, particularly given how overbought Twitter shares are since the bottom made in early 2017. But, the pattern that has taken shape thus far isn't atypical of initial public offerings. Every one has to fall apart sooner than later, but most everyone eventually shrugs it off and works its way into a bullish mode. * Click to EnlargeThe bigger-picture in only evident through the long-term lens of the weekly chart, framed by light blue lines. The upper boundary of that pattern currently rests at $44.70. * Zooming into the daily chart another wedge becomes evident. Framed by red dashed lines, a rising trading range has materialized. There's still room for wide swings though. * Since May, the gray 100-day moving average line and the purple 50-day line have both stepped up as technical support. * Although it's not ideal, the weekly chart also suggests a pretty good cup-and-handle pattern. The brimline, of course, is the ceiling that connects all the major peaks going back to mid-2014. Lowe's (LOW)Lowe's shares haven't made a straight line to their current price since finding a bottom in 2009. In fact, there has been nothing straight about LOW stock for years. But, a well-established bullish trend line has kept the overarching advance intact. The up/down action, in fact, has been oddly reliable for years.Something has changed just within the past few weeks, however, that could finally snap the winning streak. On the other hand, that would require one final but significant technical floor to buckle. The stock could reach that inflection point sometime as early as this week. * 10 Undervalued Stocks With Breakout Potential * Click to EnlargeIt's evident on both stock charts, but more perspective is seen on the weekly chart. That is, Lowe's shares brushed a long-standing floor last week, marked in yellow and tried to push up and off of it. * Although that has been where LOW stock has bounced every pullback thus far, in July, shares made their first lower high in years. That happened the first time after Lowe's shares failed to move above a major peak. That's the horizontal ceiling around $118, marked in blue on both stock charts. * It's subtle, but telling that each MACD peak and subsequent crossunder since the beginning of 2018 has been lower than the last. That points to fading bullish efforts. Procter & Gamble (PG)At the beginning of 2018, most investors had doubts about Procter & Gamble. Although relatively new, David Taylor was capable, but it appeared the company might be beyond anybody's help.The tide turned in a convincing way by the middle of last year though, resulting in a rebound effort that has been tightly defined by a narrow trading range. Although overbought and ripe for a pullback, until it's clear the lower boundary of that range is no longer holding up, the advance has to be respected. That's especially true given the circumstances that have taken shape of late. * Click to EnlargeThe rising trading range is marked with a yellow line on top and a red line on the bottom of both stock charts. It has poked above the ceiling a couple of times, and bumped it yesterday. * The weekly chart offers some needed perspective, but it also shows us something fairly new. That is, the RSI indicator is now deep into overbought territory, thanks to an unusually persistent advance. * Although the 70% gain since mid-2018 leaves P&G shares vulnerable to a pullback, that doesn't inherently mean one will materialize. Notice that the weekly bullish volume bars are, for the most part, on the rise.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 3 Big Stock Charts for Tuesday: Twitter, Lowe's and Procter & Gamble appeared first on InvestorPlace.

  • 3 Dividend Stocks That Should Pay You the Rest of Your Life
    Motley Fool

    3 Dividend Stocks That Should Pay You the Rest of Your Life

    Looking for payers you can count on? Then this trio should be right up your alley.

  • GuruFocus.com

    Procter & Gamble Co (PG) Vice Chairman and CFO Jon R Moeller Sold $16.7 million of Shares

    Vice Chairman and CFO of Procter & Gamble Co (30-Year Financial, Insider Trades) Jon R Moeller (insider trades) sold 141,575 shares of PG on 08/16/2019 at an average price of $118.05 a share. Continue reading...

  • P&G faces criticism for buying palm oil allegedly linked to forced labor
    American City Business Journals

    P&G faces criticism for buying palm oil allegedly linked to forced labor

    Non-government organizations filed complaints with U.S. Customs and Border Protection in an effort to stop the importation of palm oil products produced by one of Malaysia’s largest palm oil companies.

  • The Zacks Analyst Blog Highlights: Procter & Gamble, Kimberly-Clark and Chesapeake Utilities
    Zacks

    The Zacks Analyst Blog Highlights: Procter & Gamble, Kimberly-Clark and Chesapeake Utilities

    The Zacks Analyst Blog Highlights: Procter & Gamble, Kimberly-Clark and Chesapeake Utilities

  • Stock Investors Pay Soaring Prices for Safe Havens as Risk Jumps
    Investopedia

    Stock Investors Pay Soaring Prices for Safe Havens as Risk Jumps

    Save haven stocks are looking expensive as investors rush for cover amid rising fears of a recession.

  • Bond Yield Curve Inverts: 3 Defensive Stocks to Buy
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    Bond Yield Curve Inverts: 3 Defensive Stocks to Buy

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  • P&G veteran tapped as marketing chief of beverage retailer
    American City Business Journals

    P&G veteran tapped as marketing chief of beverage retailer

    Former Procter & Gamble brand manager hired to lead all marketing for a major retailer of wine, beer, spirits and other beverages.

  • Former P&G CEO calls Trump ‘mean’ and ‘cruel,’ renounces GOP
    American City Business Journals

    Former P&G CEO calls Trump ‘mean’ and ‘cruel,’ renounces GOP

    Former Procter & Gamble Co. CEO John Pepper says he will no longer vote for Republican Party candidates because of President Donald Trump, whom he labeled as a mean and cruel liar.

  • Moody's

    Essity Aktiebolag -- Moody's announces completion of a periodic review of ratings of Essity Aktiebolag

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Essity Aktiebolag and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Ecolab's Chemstar Buyout to Boost Food & Beverage Business
    Zacks

    Ecolab's Chemstar Buyout to Boost Food & Beverage Business

    Chemstar's flagship Sterilox Fresh to help boost Ecolab's (ECL) Food & Beverage unit.

  • Reuters

    Activists urge U.S. customs to ban palm oil imports from Malaysia's FGV

    A group of non-governmental organizations is calling on U.S. authorities to ban imports of palm oil from Malaysia's FGV Holdings and investigate the company, citing concerns of forced labour and human trafficking on its plantations. U.S.-based NGOs International Labor Rights Forum (ILRF), Rainforest Action Network (RAN) and SumOfUs said they had filed a complaint with the U.S. Customs and Border Protection (CBP), which is required to deny entry of goods made with forced labour. "We are calling on U.S. Customs to enforce current law and prevent American consumers from unknowingly funding forced labour with each illicit FGV palm oil product sold," said Judy Gearhart, executive director of the International Labor Rights Forum.

  • GuruFocus.com

    Procter & Gamble Posts Robust 4th-Quarter Results

    Strong consumer spending helped support company's margin-boosting price increases across all its major brands Continue reading...

  • Cincinnati stocks hammered as Dow suffers fourth-biggest drop
    American City Business Journals

    Cincinnati stocks hammered as Dow suffers fourth-biggest drop

    Cincinnati stocks got slammed as the stock market plummeted Wednesday to its fourth-biggest one-day decline of all time.

  • Dow Jones Today: The Return of Unpleasantness
    InvestorPlace

    Dow Jones Today: The Return of Unpleasantness

    It was a wicked Wednesday as stocks tumbled amid mounting concerns that some major global economies, including the U.S., are flirting with recessions. Adding to the recession concerns, there was another instance of yield curve inversion today.For those not familiar with the vernacular, yield curve inversion is an instance of 10-year Treasury yields dipping below those on 2-year notes. This has happened several times this year. Over the course of history, such inversions have proven to be reliable harbingers of looming economic contraction.Speaking of contracting, that's exactly what Germany's economy, the Eurozone's largest, is doing which adds to risk-off pall cast over global equity markets.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Growth Stocks to Buy for the Long Haul "Germany's economy shrank 0.1 percent from April through June and has been treading water for the last year, the government's official statistics agency said. Analysts at Deutsche Bank predicted that the economy will shrink during the current quarter as well, meeting the technical definition of a recession," reports The New York Times.Here in the U.S., the Nasdaq Composite plunged 3.02% while the S&P 500 sank nearly 3%. The Dow Jones Industrial Average slid 3.05%.In the category of "what a difference a day makes," yesterday I had the privilege of saying that all 30 Dow stocks traded higher. Today, I'm sad to report that in late trading, all 30 Dow components were in the red. Dow Winners In Short SupplyToday was one of those days when it's more about highlighting the best of the worst Dow stocks, not the biggest winners, because there weren't any winners to speak of. In late trading, just five Dow members were sporting losses of less than 1%.One of those names was Walmart (NYSE:WMT). The nation's largest retailer reports earnings tomorrow and in what could prove to be some much-needed good news, analysts are speculating that if Walmart beats, it could boost guidance."E-commerce sales performance in the U.S. will be closely watched. Telsey Advisory estimates a 37% year-over-year gain, which would match the first-quarter growth. Bank of America is looking for a 35% advance, and Tesley predicts a rise of at least 30%," according to Bloomberg. "In addition, analysts may have lingering questions around tariffs, even as the Trump administration said Tuesday it will delay until mid-December the 10% tariff on some Chinese products."I recently explored the long-term potential of Walmart's e-commerce efforts here. Consumer Staples Hold UpAs for the other members of today's least-bad group, a couple of those were consumer staples names, Coca-Cola (NYSE:KO) and Procter & Gamble (NYSE:PG). Given the risk-off tenor to the day, it wasn't surprising to see these stocks hold up, relatively speaking.However, there may another force at play. Historical data suggest that after yield curve inversion, the best-performing sectors are utilities and consumer staples. However, those historical anecdotes are not always all-encompassing. Just look at Walgreens (NASDAQ:WBA), shares of which slid 5.01% today. Dow Warning SignsCisco Systems (NASDAQ:CSCO) reports earnings after the bell today, but some investors departed the name in advance of that report as highlighted by the stock's 4% tumble today. Laboring around the $50-$51 area, this report is critical for Cisco's near-term fortunes. A move to the mid-$40s seems almost as likely as jump to the mid-$50s.There is also growing sentiment that McDonald's (NYSE:MCD), the Dow's best stock in August and one of the index's top performers this year, could be ready to decline, but that seems to be a technical bet, not a commentary on the stock's underlying fundamentals. DJIA Bottom LineI cannot confirm that a recession is imminent and it should be noted that the yield curve inversion, while reliable, is not 100% accurate. Nor am I glossing over the weakness in stocks, but historical data also confirm that the third quarter (August in particular) is usually unkind to equities.Perhaps the best strategy for the rest of this month and into September is to keep some cash on the sidelines and wait for more attractive opportunities to come available, particularly if the best defensive sectors can do is decline less than their high beta counterparts.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post Dow Jones Today: The Return of Unpleasantness appeared first on InvestorPlace.

  • Financial Times

    Nelson Peltz’s Trian Partners makes comeback after punishing 2018

    Trian Partners, the shareholder activist fund run by Nelson Peltz, has staged a comeback in the first seven months of the year after a punishing end to 2018 left the fund with its worst annual loss in a decade. The $9bn hedge fund posted gains of about 18 per cent through to the end of July, according to a person familiar with the firm, as global equity markets bounced on expectations of looser monetary policy. It is also among one of the largest hedge fund shareholders in General Electric, the beleaguered industrial conglomerate.