Procter & Gamble Moves Up The Charts: Will Growth Continue?
Zacks Investment Research | Jun 18, 2019 09:05PM ET
The Procter & Gamble Company (NYSE:PG) , popularly known as P&G, is gaining momentum on the back of robust surprise trend due to ongoing initiatives to improve productivity. Moreover, the company remains focused on improving its product portfolio through strategic initiatives. It is also on track with its cost-saving plans.
All these factors helped the company to deliver robust third-quarter fiscal 2019 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and improved year over year. Driven by these upsides, shares of this Cincinnati, OH-based company have rallied approximately 44% in the past one year outperforming the Zacks Investment Research
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