Fundamentals
Pros
Very consistent free cash flow.
Revenue is increasing YOY.
There is good enough institutional interest in the stock.
This is a mega cap company.
They are a dividend king.
Hardly any short interest in the company.
They have 3 times of their net debt as free cash flow. This is a good sign in times of recession.
Cons
There is a lot of competition from even the big players in this sector.
PG was sold by Berkshire Hathaway to increase his cash pile. Not completely. But a considerable portion.
Technicals
In a favorable position as per technicals to take an entry for about 1.25% of the capital. Will be targeting the highs for a profit of about 14.8% of the total capital.
Will consider adding onto the position if price crashes to 138 levels, which is around the lower trendline of a long term parallel channel.
Previous posts related to the same stock is attached underneath. Do check that out.
Pros
Very consistent free cash flow.
Revenue is increasing YOY.
There is good enough institutional interest in the stock.
This is a mega cap company.
They are a dividend king.
Hardly any short interest in the company.
They have 3 times of their net debt as free cash flow. This is a good sign in times of recession.
Cons
There is a lot of competition from even the big players in this sector.
PG was sold by Berkshire Hathaway to increase his cash pile. Not completely. But a considerable portion.
Technicals
In a favorable position as per technicals to take an entry for about 1.25% of the capital. Will be targeting the highs for a profit of about 14.8% of the total capital.
Will consider adding onto the position if price crashes to 138 levels, which is around the lower trendline of a long term parallel channel.
Previous posts related to the same stock is attached underneath. Do check that out.
