If you are wondering whether Procter & Gamble is finally trading at a price that makes long term sense for a quality defensive stock, this article will walk you through whether the current dip is an opportunity or a value trap.
The share price has slid to around $138.34, with returns of -6.2% over the last week, -5.9% over the last month, and -16.9% over the past year, while the 5 year return remains a positive 15.4%.
Recently, investors have been digesting a mix of macro headwinds, including stubborn inflation and shifting consumer spending patterns that weigh on staples, along with ongoing debates about pricing power for brands like Tide, Pampers, and Gillette. At the same time, commentary around cost cutting, portfolio…
