This is another Great American company that has lost its way in the weeds of financial engineering. Apparently, that whole idea of selling off ‘mature’ (profitable) brands hasn’t translated into stock price appreciation. It also suffers from management by consensus. Bet the employees get to go to great Team Building camps. This company would outperform if it got back to its roots researching new consumer products, and developing (even acquiring) small brands into large profitable businesses.
This stock would make a good addition to one’s income producing side of one’s portfolio when it gets back down to around $26 in the next couple years. Probably could trade out your TLT’s for it at the stock market bottoms.
This stock would make a good addition to one’s income producing side of one’s portfolio when it gets back down to around $26 in the next couple years. Probably could trade out your TLT’s for it at the stock market bottoms.
Orden cancelada:
Total Fail! This stock has got quite the cult following and is a great one to be in except when the economy is correcting. Although I stand by the eventual target low as this upcoming recession gets going, I think it will bet there by the usual P&G price crash, which tends to be how the company's stock corrects historically.