Procter & Gamble: Falling Commodity Price Starts To Kick-In

NoDerog/iStock Unreleased via Getty Images I presented my bullish view on Procter & Gamble (NYSE:PG) in my initiation report published in December 2023, indicating both price and volume growth may revert to historical trends. They released their Q3 FY24 result on April 19th with 3% organic revenue growth and 11% core EPS growth and raised the full-year EPS guidance. I am confident about their volume recovery in the near future as the inflation starts to moderate. I reiterate 'Buy' rating with a fair value o ...