PG slow and steady long term winner with earnings coming LONG

4월 15일

PG on the weekly chart gained 15% in a year and had a dip in the past two weeks with earnings

at the end of this week. PG persistently and consistently beats earnings estimates and pays a

dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an

opportunity to get a good stock on a 4% dip of a discount and hold it through earnings for

perhaps a 10% profit in two weeks while also picking up the quarterly dividend. Some traders

including those institutionally based believe that buying near to the middle line of the Bollinger

Bands is a good entry for getting fair value. I am one of them.