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Procter & Gamble (PG)
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The Flip Side To Procter & Gamble’s Recent Success
My view for a long time has been that ultra-high quality defensive stocks should be afforded extra leeway during periods of business-level stagnation. Procter & Gamble (PG) provides a good case study for this. Among the many thousands of publicly listed firms there are relatively few that match the business of selling brands like Tide,…