|Bid||111.26 x 800|
|Ask||111.20 x 800|
|Day's Range||111.02 - 112.47|
|52 Week Range||77.18 - 112.47|
|Beta (3Y Monthly)||0.28|
|PE Ratio (TTM)||26.45|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||2.98 (2.67%)|
|1y Target Est||106.62|
Procter & Gamble, one of the world’s biggest advertising spenders, plans to shift more of its shrinking marketing budget away from big ad agencies and towards new players, the latest ominous sign for companies such as Publicis, WPP and Dentsu Aegis Network. “We have reduced spending by close to $1bn in fees and production over the past four years and reinvested it in other creative partnerships,” Marc Pritchard, P&G’s chief brand officer, told the Financial Times. The company said last year it would save $2bn by 2021, meaning there is more pain to come for big agencies already reeling from the rising dominance of Google and Facebook in the era of digital advertising.
Procter & Gamble and other major advertisers have formed the Global Alliance for Responsible Media, a collaboration with ad agencies, media companies, social media platforms and industry groups.
Shares of Canopy Growth (NYSE:CGC) are climbing on optimism that its deal for Acreage Holdings (OTCMKTS:ACRGF) will go through. On Wednesday the deal received CGC stock shareholder approval, just leaving regulators on the table for a potential headwind. We also have this afternoon's earnings to get through.Source: Shutterstock By and large, the deal is expected to go through, particularly given some of the board members involved. Acreage board members include former Republican Congressman and Speaker of the United States House John Boehner and Brian Mulroney, the former Conservative Prime Minister of Canada -- among others.Many expect the $3.4 billion cash and stock deal to go through, leaving Canopy with a big asset for future growth here in the U.S.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhen investors think of blue-chip stocks, Canopy won't be the first that comes to mind. Procter & Gamble (NYSE:PG), Coca-Cola (NYSE:KO) and others are what investors think of, but that doesn't matter. CGC stock has quickly proven that it's the best of the best when it comes to cannabis investments. Canopy Growth Is a Blue Chip StockAfter Constellation Brands (NYSE:STZ) invested some $4 billion into the company, it loaded CGC's bank account. But the deal gave Canopy a lot more than a good reputation. Suddenly, it had a powerful balance sheet as a major asset. It could afford to enter new markets, gobble up high-growth companies and essentially lead the land-grab charge as cannabis gains momentum. Further yet, it had a high-quality and reputable company staking big-time money on Canopy's leadership. That gives the company some clout. * Check Out These 5 Fast-Growing Stocks to Buy Today If Constellation trusts Canopy with $4+ billion, why shouldn't I? That's what a lot of investors and other companies found themselves asking.CGC stock has built a foundation in Canada and is working on global expansion in Europe and Australia, while its Acreage Holdings deal positions itself for the coming landslide in the U.S. While its valuation doesn't quite reflect its current fundamentals, investors are betting on its long-term potential.In essence, they are betting that CGC will become the PepsiCo (NYSE:PEP) or Coca-Cola of its industry. That's not to say New Age Beverages (NASDAQ:NBEV), Aurora Cannabis (NYSE:ACB) or Cronos Group (NYSE:CRON) won't be winners either. Just that CGC is becoming the 800-lb gorilla of the group.From the most recent earnings release:"Our successful first full quarter with recreational sales in Canada reinforces our long held strategy of making meaningful investments early in order to secure market share," said Bruce Linton, Chairman & Co-CEO, Canopy Growth. "With a strong cash position, we added strategic assets and IP through acquisitions to accelerate the sophistication of our inputs with ebbu, and our consumer-facing outputs with Storz and Bickel." Trading CGC Stock Click to EnlargeCGC stock is now pushing through its 20-day and 200-day moving averages. If it can continue to push higher, its 50-day moving average near $44.50 is in sight. This stock has been volatile, but continues to very slowly push out new highs.Unfortunately, those new highs are often met with a wave of selling. For instance, after hitting $52 in February, Canopy Growth stock quickly retreated, falling to sub-$42 -- a 19% drop -- in just six trading sessions. It traded sideways for a while after that, before eventually pushing up through $52. A month later, shares were at $38.38. The peak to trough decline was more than 27% that time.So what can we expect on this go around? Much of it will depend on earnings, set for after the close on June 20th.I'm looking to see if CGC stock price can again climb back to $52. If it can, it will represent a 20% rally from current levels. As we said above, Canopy stock is a blue chip name among the cannabis industry. If this group regains momentum, so too should CGC. Earnings may be the spark for that momentum, but we won't know until Friday morning. * 6 Stocks Ready to Bounce on a Trade Deal If the earnings results inspire investors to gobble up CGC stock, upside targets of $48 and $52 are within reach. If the reaction is negative or if the 50-day acts as resistance, I'm looking for support near $40. Below opens the door to some serious declines, but let's not get ahead of our skis. Let's see the report before going any further.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post The Blue Chip of Pot: Can CGC Stock Rally 20% on Acreage Deal and Earnings? appeared first on InvestorPlace.
Two Procter & Gamble Co. employees will keep their jobs as P&G managers while launching a high-tech fitness studio in Montgomery, which opens today. Halley and Jason Cowden, married P&Gers, intend to open another Exercise Coach studio in Mason at the end of this year and a third to serve residents of Oakley and Hyde Park in 2020. The concept blends strength and interval cardio training in each session along with the encouragement of a certified coach. The couple's first Exercise Coach studio is at 9797 Montgomery Road, Suite F. You won’t find a gym full of sweaty people there.
Herbal Essences is celebrating 2019 World Pride with a larger-than-life blooming Garden Wall to honor the members of the LGBTQIA+ community who #FlourishWithPride, as well as those who stand with the community. Nature nurtures diversity and Herbal Essences believes everyone should as well. This year, Herbal Essences celebrates what began with Stonewall with a Garden Wall honoring those who #FlourishWithPride, transforming a space of adversity into a celebration of diversity.
Procter & Gamble signed on as an advertising launch partner for the new Quibi streaming service, which intends to provide entertainment programming to mobile devices in bite-sized formats of 10 minutes or less.
Quibi doesn’t launch until next year, and already Jeffrey Katzenberg’s mobile platform for “quick bites” of high-end content has sold two-thirds of its ad inventory.
Procter & Gamble (PG) emphasizes on improving its product portfolio through strategic initiatives. Also, the company is on track with its cost-saving plans.
Procter & Gamble (PG) closed at $109.60 in the latest trading session, marking a -1.25% move from the prior day.
Procter & Gamble is rolling out LGBTQ-themed commercials that highlight the company’s commitment to eliminate bias against people who don’t adhere to conventional gender identification.
The Procter & Gamble Company (PG) in partnership with Great Big Story, today released Out of the Shadows, a new film chronicling P&G’s journey of Lesbian, Gay, Bisexual and Transgender inclusion. The film highlights the employees who challenged the Company and overcame adversity during the tumultuous 1990s and early 2000s. In 1992, P&G became one of the first Fortune 500 companies to add sexual orientation into its diversity statement.
Gillette presented new clinical research at the 24th World Congress of Dermatology (WCD) in Milan aimed at equipping global dermatologists with information and answers related to questions and shave-related skin problems men face such as sensitive skin and razor bumps. With scientific evidence from two clinical studies and several other research studies, Gillette showed how the comfort of the Gillette SkinGuard* razor is transformative for men who are affected by these skin problems, not just by improving the skin's appearance, but also by bringing emotional and social benefits.
Former Procter & Gamble manager hired as chief marketing officer of Amify, and he will lead the firm’s regional headquarters.
As a brand once known for a particular kind of “beautiful hair,” Pantene is tackling conventional stereotypes with “Don’t Hate Me Because I’m BeautifuLGBTQ,” a new message that’s part of their recently launched “Power To Transform” campaign. Created in partnership with GLAAD, the campaign takes the brand’s ubiquitous line from its famous 1986 advertisement to redefine what ‘beautiful’ looks like in today’s world by featuring a range of people within the LGBTQ+ community and their own unique stories of transformation. “For many in the community, hair plays a pivotal role in their “transformation moment,” said Ilaira Resta, Vice President, North America Hair Care, Procter & Gamble.
The Procter & Gamble Company (PG) today announced a series of innovative new creative partnerships with John Legend, Arianna Huffington’s Thrive Global, and others that reimagine creativity to reinvent advertising at a time when change is needed.
Procter & Gamble Co. will collect recyclable plastic such as shampoo or dish soap bottles to fashion all podiums that will be used for medal presentations during the summer Olympic Games in Tokyo next year. The Cincinnati-based maker of consumer goods such as Pantene shampoo and Dawn dish soap (NYSE: PG) is partnering with the International Olympic Committee and the Tokyo 2020 Organizing Committee on the project. “The Tokyo 2020 Podium Project is an example of how the Olympic Games can be a catalyst to inspire actions that have a positive impact on the environment and society,” said Marc Pritchard, chief brand officer of P&G. “Sustainability is at the heart of this effort … to demonstrate how consumers can participate in reducing plastic waste.” This project also expands P&G’s sponsorship of the Olympic Games.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Procter & Gamble Company (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
By weaponizing the dollar, the U.S. has opened the door to a reversal in the global power structure, argues Louis-Vincent Gave, a founder of GaveKal Research. What the consequences will be.
Editor's note: This story was previously published in April 2019. It has since been updated and republished.By the age of 30, you should already have nearly a decade's worth of retirement savings under your belt. If you don't, you're not alone. A recent GoBankingRates survey showed that nearly half of the millennials questioned had no retirement savings at all.If you fall into that camp, keep in mind the old saying "better late than never," because it absolutely applies if you're only just starting to build a nest egg. If you just hit the big 3-0 and you've already been saving and investing for years, bravo; however, 30 is a great milestone to look over your investments and rebalance your portfolio with some of the best long-term stocks out there. InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnlike in your 20s, risk is a much larger consideration a decade later. The market is bound to go up and down, and you have to assess whether or not you could handle a market-wide pullback. Moreover, you will want to keep some powder dry to buy on a dip. Income stocks that pay dividends become important stocks to buy at this stage, but choosing some riskier players shouldn't be completely off the table. * 7 High-Quality Cheap Stocks to Buy With $10 Of course, investors in their 30s should be holding some of their money in an index fund that will provide conservative growth. But here's a look at ten of the best long-term stocks to buy if you're in your 30s.Source: Baron Valium via Flickr Disney (DIS)I recommended Disney (NYSE:DIS) stock when the company's share price dipped below $100 following a racist tweet from Roseanne Barr, the star of one of the company's most successful sitcoms back in 2018. Disney responded by immediately canceling the show and distancing itself from Barr's hateful outburst, but investors worried that the loss of advertising from the canceled show would hurt advertising income.Since then, the market has come to its senses and DIS stock is back to trading above $135 per share.There are a few reasons Disney is one of the best long-term stocks to buy if you're building a portfolio in your 30s. The first is that the company is ripe for a major comeback.Disney is a solid company with a great deal of cash behind it. That means that even in the worst-case scenario, the firm has the money to spend on building out a streaming service from scratch and weather any storms that loom over the media space in the future. The firm also pays a respectable 1.33% dividend yield that will help balance out concerns about growth due to the firm's size.Source: Vivian D Nguyen via Flickr (Modified) Netflix (NFLX)Another player in the streaming space worth considering one of the best long-term stocks to buy is Netflix (NASDAQ:NFLX).If you missed the boat on NFLX back in 2015 when shares were trading below $50, it might be a hard pill to swallow, but NFLX is still an excellent long-term bet despite the fact that its share price is over $345 today.The reason is that Netflix still has a long growth runway before investors should start to worry about the company becoming too large to produce the kind of growth they've become accustomed to. A company like, say, Apple Inc. (NASDAQ:AAPL) has a market cap of nearly $900 billion, making it unlikely that the firm can continue to grow at the same clip over the next decade. Netflix's market cap of $150 billion leaves plenty of space for the firm to catch up to its fellow FAANG peers over the next decade. * 7 High-Quality Cheap Stocks to Buy With $10 NFLX has the growth potential to do so as well. The company has proven that it has a good grasp on the population's ever-changing tastes, and although it has been expensive, Netflix's original content has been a huge draw for subscribers. While the U.S. market has been saturated, NFLX has only just begun its international expansion, leaving a long growth runway for the next few years.Over the past two years, Netflix has been preparing for a major push overseas, and those efforts are due to pay off over the next decade. GHB Insights' head of technology research Daniel Ives said he sees Netflix international expansion opening a potential market of 700 million subscribers in the next 2 years.So, although the streaming space is certainly getting more crowded, NFLX appears to have created a winning formula that makes it one of the best long-term stocks to buy and hold on to. Source: Mike Mozart via Flickr (Modified) Procter & Gamble (PG)As I mentioned above, risk assessment is a huge part of building your portfolio in your 30s, and although you still have plenty of time to let risky bets play out, you should be thinking about adding some low-risk, solid stocks to your portfolio that will keep ticking along as the years go by.Procter & Gamble (NYSE:PG) is one such stock to buy that, although boring, is a buy-and-hold-until-you-retire kind of stock. What makes it one of the best long-term stocks to buy is that the company's management has a long history of maintaining a healthy cashflow and delivering shareholder returns and its 2.90% dividend yield will provide a reliable income.Not only that but PG's widely diversified business offers investors some security in times of economic trouble. Plus, PG sells a wide variety of necessities like toothpaste and soap, which are unlikely to take much of a hit even in the case of a recession.Increased competition is definitely something to keep in mind when considering PG, but the firm's strong financial position means it has the leeway to refocus its strategy and continue thriving in difficult conditions. Exxon Mobil (XOM)If you haven't started wading back into oil and gas stocks yet, now's your chance. Now that oil prices are starting to recover, it's worth revisiting the industry. The crash in crude oil prices helped weed out weaker firms and those that survived are coming back stronger than ever with more efficient operations and better future prospects. However, worries about oversupply are still in the forefront of investors mind, which has kept the sector from becoming too expensive.Exxon Mobil (NYSE:XOM) is one of the best long-term stocks to buy for a few reasons. First, the company's share price is still well below its 2015 highs, giving it plenty of room for a turnaround in the coming years. XOM stock is also working on an aggressive new strategy that includes a $2 billion pipeline in the Permian Basin. The firm also sees potential opportunities in Guyana and Brazil which are expected to help XOM ramp up production significantly over the next few years. * 7 High-Quality Cheap Stocks to Buy With $10 Of course, oil prices will play a major role in whether or not XOM's plans are successful, but what's nice about owning Exxon shares is the fact that the company's integrated structure means it's not a direct oil play. So, although that means XOM won't see the same kinds of gains some of its peers do if oil prices spike, that also means it won't suffer the same losses should the opposite occur. XOM also pays out a 4.9% dividend that has been raised every year for the past 36, taking the edge off some of the risk.Source: Shutterstock Walmart (WMT)Discount superstore Walmart (NYSE:WMT) is often overlooked by investors because Amazon.com (NASDAQ:AMZN) tends to be their first choice. While I don't disagree that Amazon is still one of the best long-term stocks to buy, worries about WMT's future are largely overdone. Since being scathed by the ecommerce takeover a few years ago, WMT stock has made an impressive recovery and although the firm is still facing some headwinds, it's a solid stock to buy.Judging by the company's improving e\commerce sales, it looks like Walmart is on the right track to competing against the likes of Amazon. Source: Shutterstock Amazon (AMZN)You'd have to be living under a rock to not have heard all the buzz surrounding Amazon over the past few years. If you haven't jumped on the AMZN stock bandwagon yet, though, there might still be time. Of course, you'd be much better off if you'd bought Amazon stock in 2012 when it was trading at just $200 per share, but the company still is one of the best long-term stocks to buy today.It might seem counterintuitive to consider AMZN when you look at the firm's massive $913 billion market cap and the fact that the company pays absolutely no dividends. Not to mention, AMZN stock has proven to be extremely volatile. However in your 30s you've still got time, and that means there's space in your portfolio for a little bit of wiggle room if you're comfortable with it. * 7 High-Quality Cheap Stocks to Buy With $10 Aside from its dominance in e-commerce, Amazon is also a top dog in cloud computing, an industry destined to grow exponentially over the next few years. On top of that, AMZN is spreading its wings in a wide variety of industries including grocery and logistics and there are even rumors that the firm is working to make its way into the healthcare space as well.It's hard to imagine AMZN's market cap getting much larger, but 30-somethings would be remiss not to consider Amazon stock to juice up their gains over the next five or 10 years. Source: Shutterstock Berkshire Hathaway (BRK.B)It would be impossible to talk about the best long-term stocks without including Berkshire Hathaway Inc. (NYSE:BRK.B), run by legendary investor Warren Buffett. Of course, if you're 30 and just picking up Berkshire Hathaway stock now, then you're about to miss the boat in terms of benefiting from Buffett's infamous investing sense. However, that doesn't make BRK.B a bad long-term pick. The company has new fund managers at the helm who've already started taking over some of the firm's investment decisions and you can't argue with the value the firm already possesses. Berkshire has a roundup of defensive stocks that will help the firm ride out troubled markets, but the firm will also keep up with upward market trends. If nothing else, Berkshire stock is a great stabilizer that will round out your portfolio and mitigate against major market events making it one of the best long-term stocks 30-something crowd.Source: Flickr> Unilever (UN)Another consumer products stock to add to your list of the best long-term stocks is Unilever (NYSE:UN). The company has become massively efficient after undergoing major cost-cutting initiatives over the past few years in order to better compete as the industry became more and more competitive.That bodes well for the future because it means the company will be well prepared in the event of a recession, not to mention that the company sells a wide variety of basic necessities, which tend to continue selling even when purse strings are tight. * 7 High-Quality Cheap Stocks to Buy With $10 Another reason UN makes for a good stock to buy is the firm's presence in emerging markets. In 2017, more than half of the company's reported sales came from emerging markets. The company's huge footprint within emerging markets sets it apart from its peers because it creates a great long-term growth runway that others don't have access to. Source: Shutterstock Microsoft (MSFT)Another steady-stock to buy in your 30s is Microsoft (NASDAQ:MSFT). Like a few others on this list, MSFT stock isn't exactly the most exciting stock, but it will do its job and make you some money. Unlike others in the IT industry, MSTF is mature which, in this case, translates to stability rather than falling out of touch with what consumers want. Right now MSFT is working to pivot away from its traditional software business and focusing on growth in its cloud business, which includes subscriptions like Office 365 as well as Azure, Microsoft's answer to Amazon Web Services. Growth in that arm of MSFT's business has been strong. With a P/E of 29 and a dividend yield of just 1.5%, there's no doubting that MSFT is an expensive stock, but you're paying a premium for a well run, solid business that has and will continue to withstand the test of time. Source: Shutterstock Waste Management (WM)It's all well and good to invest in the next hot tech trend or retail story, but if you really want to make a play on future trends then look no further than Waste Management (NYSE:WM), the company that handles everyone's garbage. One thing is for certain, over the next few decades people are going to generate waste, and WM will be there to dispose of it. That makes it one of the best long-term stocks to buy.Not only does WM have a wide moat because of the regulatory permits it holds and its huge network of landfills, but the firm has also diversified its business to offer more than just waste collection and landfill maintenance. Waste Management also handles recycling and has been developing a way to turn landfill gas into energy. That means that as greener living continues to gain traction, WM will benefit as well. * 7 High-Quality Cheap Stocks to Buy With $10 However, perhaps the most alluring reason to add WM stock to your portfolio is the firm's 1.87% dividend yield. The company has been raising its dividend annually for the past 15 years and there's no reason to expect that to stop anytime soon.As of this writing, Laura Hoy was long AMZN, AAPL, UN and NFLX. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever appeared first on InvestorPlace.
Today, in partnership with the Tokyo 2020 Organizing Committee, and the International Olympic Committee (IOC), Procter & Gamble (PG) announced that for the first time in Olympic and Paralympic Games histories, all medal podiums will be created entirely from recycled materials – and consumers can directly contribute. The Tokyo 2020 Podium Project officially kicks off on Thursday, June 13th, in host-country Japan, inviting members of the community to collect their plastic items, like shampoo and dish detergent bottles, and bring them to the nearest AEON Group store location, major Japanese retail chain, for recycling. Collection boxes for discarded plastic will be provided in more than 2,000 AEON Group locations across the country, including AEON, AEON Style and MaxValu.
Procter & Gamble (PG) stock has risen 18.3% on a YTD (year-to-date) basis. The stock is trading at a forward PE ratio of 23.2x.
Half of Cincinnati public company CEOs’ 2018 pay was at least 100 times that of their companies’ average worker. That’s one of the key findings in a Courier analysis of CEO pay for fiscal 2018.