Procter & Gamble: Buy a Durable Cash Machine Near a Rare Entry Point
Procter & Gamble (PG) is trading near the low end of its 52-week range while still generating roughly $14.8B in free cash flow, an ROE north of 30%, and a nearly 3% dividend. For investors willing to accept a modest downside buffer, this is a high-conviction long trade with clearly defined entry, stop, and target levels and a 180-trading-day time h…