1 Reason to Buy This Dividend King Stock Before It Reports Earnings on July 29
Procter & Gamble usually isn't an exciting stock -- and that may be the reason to consider it, heading into earnings.
Overview
Watch enough football games, and you'll eventually hear the saying, "Defense wins championships." It's an overused line, but one with practical applications in sports.
In investing, well, that's a different ball game. If a "championship" means generating the highest returns, investors can lose points for an overly heavy allocation to defensive names, such as consumer staples stocks.
Details
Procter & Gamble (NYSE: PG), maker of popular household staples like Gillette, Tide, and Dawn, certainly fits the defensive mold. And with the stock up a mere 4% year to date, no one is confusing it with the glamorous growth names of the moment.
Source
Originally published at www.fool.com.