Tag Team Options Trade: PG
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Jill: Shares of Procter & Gamble (PG) came under pressure last week but I think that was a great opportunity for investors to get involved (as did Cramer and Stephanie, adding to the position in TheStreet's Action Alerts Plus portfolio). Fundamental, longer-term investors should be pleased with PG's aggressive restructuring announcement is aimed at saving $10 billion in savings by 2016, it is continuing to expand into emerging markets, and potential for further cash distribution in dividend increases and buy backs. Even though PG has lagged its peer group, the stock trading 8% discount to its historical average and represent excellent value as the fundamentals play out. ...528 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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