Procter & Gamble's most recent trend suggests a bullish bias. One trading opportunity on Procter & Gamble is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 16.96% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $8.55 would be incurred if the stock dropped below the $125.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Procter & Gamble is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Procter & Gamble is bullish.
The RSI indicator is at 68.61 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Procter & Gamble
Procter & Gamble Co (PG) CEO – Health Care Steven D Bishop Sold $2.4 million of Shares
Wed, 19 Aug 2020 16:15:02 +0000
CEO – Health Care of Procter & Gamble Co (30-Year Financial, Insider Trades) Steven D Bishop (insider trades) sold 17,693 shares of PG on 08/18/2020 at an average price of $136.53 a share. Continue reading…
3 Stocks with High Return on Equity Ratios
Wed, 19 Aug 2020 15:45:37 +0000
The ratio is an indicator of efficient and effective use of a company's resources Continue reading…
Tesla Value Surpasses Consumer Giant P&G, Next Stop Walmart
Mon, 17 Aug 2020 21:05:36 +0000
(Bloomberg) — The relentless rally in Tesla Inc. shares has driven its valuation beyond consumer product behemoth Procter & Gamble Co., as investors bet on the electric vehicle maker’s ability to dominate the automotive market of the future.The stock closed up 11% at a record $1,835.64 in New York on Monday, despite reports of a drop in the registrations of Chinese-made Tesla cars in July. China is a key market for Tesla, and the Elon Musk company is ramping up production there after starting deliveries from its massive Shanghai plant around the beginning of the year.Tesla shares are now up 339% this year, fueled by growing anticipation that the company will be included in the S&P 500 Index. The carmaker’s plan to split its stock 5-for-1 to make shares more accessible for individual investors is also expected to drive up demand. Tesla was the eighth most popular stock on the Robinhood app on Monday, according to data from Robintrack.net.Meanwhile, Wall Street has warmed to the stock, as evidenced by a steady stream of upgrades and price target boosts. The latest came from Wedbush analyst Daniel Ives, who raised his target to $1,900 from $1,800, saying Tesla has seen strong demand in Europe and China so far in the third quarter, with the U.S. market softer.“The China growth story is worth at least $400 per share in a bull case to Tesla as this electric vehicle penetration is set to ramp significantly over the next 12 to 18 months,” Ives wrote. He kept his bull-case target at $2,500.Tesla’s market value is now around $342 billion, surpassing P&G’s $337 billion. The maker of Pampers and Crest is the 10th largest stock in the S&P 500, according to Bloomberg data. Walmart has the ninth largest market capitalization in the S&P 500 at $384 billion.(Updates stock move, valuations, changes headline)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
‘Stagflation’ Looms Over This Market. Why Some Analysts Are Worried.
Sun, 16 Aug 2020 14:09:00 +0000
Some strategists are warning of stagflation—that double-barreled problem of flagging growth and rising prices last seen in the U.S. in the 1970s.
Trian Fund Management cut stakes in P&G and other big holdings in Q2 -filing
Fri, 14 Aug 2020 22:19:51 +0000
Trian Fund Management said on Friday that it sold stakes in three of its biggest holdings, including Procter & Gamble Company , in the second quarter for portfolio management reasons and to free up cash to make new investments. The firm held 10.8 million shares in P&G at the end of the second quarter, down 65% from the 31 million shares it owned at the end of the first quarter, according to a regulatory filing. “The reduction by Trian of its holdings in P&G was primarily the result of sales of shares held by a fund managed by Trian that has a multi-year lockup period that expires this year,” the firm said, adding that it “continues to be a large shareholder of P&G.”
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