Procter & Gamble (PG.US) is an American multinational consumer goods corporation with a current market cap of $357.26 billion as of September 25, 2023. Founded in 1837 by William Procter and James Gamble, the company has grown into one of the world's largest and most recognizable consumer goods companies.
It offers a wide range of products across multiple categories, including household care, beauty, grooming, and healthcare. Some of its well-known brands include Tide, Pampers, Gillette, Pantene, and Crest. The company went public in 1890 and has since established itself as a global leader in the industry. It continues to innovate and adapt to changing consumer preferences, focusing on sustainability and social responsibility.
Procter and Gamble share price has had its fair share of highs and lows over the past five years, from a low of $78.49 in October 2018 to a high of $165.35 in January 2022. These fluctuations could be attributed to various factors, including economic indicators, industry trends, and company-specific news.
For traders looking to take advantage of the share price fluctuations, there are various trading strategies to consider: For instance day trading involves buying and selling shares on the same day, taking advantage of intra-day price movements. Swing trading, on the other hand, involves holding shares for a few days or weeks, profiting from short-term trends. Position trading is a longer-term strategy that involves holding shares for several months or even years, taking advantage of long-term trends. Others are scalping trading and copy trading. Traders may also use various technical analysis tools and indicators such as candlestick patterns and line charts to help them analyse the stock.
Procter and Gamble competitors include but are not limited to:
- Johnson & Johnson (JNJ.US): Johnson & Johnson (J&J) is a multinational healthcare and pharmaceutical conglomerate. It is known for their wide range of products, including pharmaceuticals, medical devices, consumer healthcare products, and personal care items.
- Unilever PLC (UL.US): Unilever PLC is a British-Dutch multinational consumer goods company. Unilever is one of the largest producers of fast-moving consumer goods (FMCG) in the world. It manufactures and markets a wide variety of products, including food and beverages, cleaning agents, beauty and personal care products.
- Colgate-Palmolive (CL.US): Colgate-Palmolive is a global consumer goods company known for its oral care, personal care, home care, and pet nutrition products. It best known for its toothpaste and toothbrush brand, Colgate. In addition to oral care, it manufactures and markets various other household and personal care products.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.