Stock Traders Daily Remains Cautious on Procter & Gamble Co (NYSE:PG)
Stock Traders Daily re-iterates it opinion that Procter & Gamble Co (NYSE:PG) looks rich.
Here is an excerpt from the report:
"For investors we would avoid PG but, if the economy weakens and PG begins to put that cash to work again, we would jump right back on the bandwagon. For now avoid, sell, but don't count this company out. We believe the decisions they are making will produce a win - win over time, but not in the near term for investors."
Members can access the entire 18-page report.