GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Procter & Gamble Company (the) (PG) [hlAlert]

Rating:
Buy PG
up 11.14 %

Barron's Favorite Stocks for 2012 - Procter & Gamble

Posted on: Thursday,  Jan 3, 2013  1:29 AM ET by Barron's favorite stocks for 2012

Barron's favorite stocks for 2012 rated Buy Procter & Gamble Company (NYSE: PG) on 12/12/2011, when the stock price was
$64.31. Since then, Procter & Gamble Company has gained 11.15% as of 01/27/2016's recent price of $71.48.
If you would have followed this Barron's favorite stocks for 2012's recommendation on PG, you would have gained 11.14% of your investment in 1507 days.

The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Products fall into five business segments: fabric and home care, paper, beauty care, health care, and food and beverage. Today, P&G markets more than 250 products to more than five billion consumers in 130 countries.

After a volatile year, stocks are heading into the homestretch about where they began. The benchmark Standard & Poor's 500 Index finished the week at 1255, within a percentage point of where it started the year. The Dow Jones Industrial Average is up 5% in 2011, largely reflecting the strength of a single stock, IBM (ticker: IBM), which has risen 32% to 194 and dominates the price-weighted index owing to its lofty absolute share price. Most equity strategists are optimistic at best about 2012. They're worried that earnings growth and strong corporate balance sheets will be offset, in investors' minds, by the tough economic backdrop and the European debt crisis. Barry Knapp, Barclays Capital's chief market strategist, recently set an S&P 500 target of 1330, 6% above Friday's close. He expects a "difficult" first half followed by a second-half rally. The important offset to the economic and political situation is valuation. U.S. stocks look reasonably priced, especially with 10-year Treasuries yielding 2% and short-term rates near zero. The S&P 500 is valued at 13 times projected 2011 profits and about 12 times next year's projected earnings. Bulls cite the combination of attractive valuations and super-low rates. "I feel like a kid in a candy store…I don't know where to begin," said Joe Rosenberg, chief investment strategist at Loews, told Barron's in last week's interview ("The Best Opportunities in a Half-Century," Dec. 5). Rosenberg is partial to a range of blue-chip stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2011 4:00 PM Buy
1 year
64.31
as of 8/27/2015
1 Week down  -3.28 %
1 Month down  -10.41 %
3 Months down  -11.28 %
1 YTD down  -12.19 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy