This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXNPEC0Q1B5_M.jpg
Thanks to its resilient business model, PG’s revenue and EPS have grown at 4.1% and 13% CAGRs, respectively, over the past three years. Also, the stock has gained 7.4% over the past three months to close yesterday’s trading session at $140.85.
However, there has been a decrease in hedge fund interest in the stock recently. Also, because the COVID-19 pandemic-led surge in demand for consumer goods is gradually decreasing, PG’s pace of growth looks uncertain in the near term.
