ArtPeirce

Stocks that have raised dividends for at least 25 Years

Long
NYSE:PG   Procter & Gamble Company (The)
11-18-17 – PG – On the daily PG has been trending upward since September 2015. Recently, it put in a high in sept 2017 and has failed to make a higher high. The stock has also made an equal low at 86ish which it had traded at in Jan, May, and July. The stock bounce of that area at the beginning of Nov. At the Moment, short-term, we need to see what it is going to do. We are in an area where it is best to sit on our hands and not try to guess the direction of the trade. If PG breaks the 86ish area the next target would be 83.50ish and then 81ish. On a Longer-term weekly chart, we are clearly bullish and has actually created a Higher high of 94.67 on 9/18/17 vs 93.89 on 12/22/14. I would like to own this stock at a lower price since it is trading near the highs, so we may want To wait for a pullback if we were trying to time the market a little better. Since Procter & Gamble is among the world's largest consumer products companies We can expect this company & stock, typically, to stay relatively stable in a down economy and stock market. PG has raised its dividend annually for 60 years in a row. Dividend & Yield is 2.76 (3.09%)

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