Procter & Gamble Stock Has Risen 1.7x Since 2018 – Well Deserved?

Procter & Gamble’s (NYSE: PG) stock price grew 70% from $92 in 2018 end to around $156 currently, primarily due to a significant jump in the P/S multiple. Steady revenue growth has also helped, and stock price gains were further supported by a slight decrease in the outstanding share count…

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