Summary: Procter & Gamble has been around for 175 years and analysts think it will continue to increase revenue and earnings in the long run. I define a growth stock as one projected to have revenue and earnings increases above 10%, so I can't call this a growth stock.
Since the stock has an above-average dividend rate and a total return projection in the 13% to 17% range, the stock is better suited for tax-deferred account on a dividend reinvestment program instead of a taxable account where your return will be decreased by the taxable dividend. Momentum investors might also consider this stock as it is beginning to trade above its moving averages and turtle channels:
This article was written by an independent contributor, separate from TheStreet's regular news coverage.
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