Procter & Gamble Has Room to Rise Even Further

Procter & Gamble (PG) is on the right track with its restructuring program, something I highlighted in a story back in December. I said at the time that the stock should rise as the benefits of its plan become evident; PG is up almost 8% year to date, but I think it can go even higher.

Two weeks ago, the company presented at the Consumer Analyst Group of New York. It was a chance to update the investor community on its progress this year. Procter & Gamble is in the middle of a five-year restructuring plan, but has been struggling with market share losses and the effects of a strong dollar....482 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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