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The company reported $1.19 earnings per share and $17.4 billion in revenue for Q2, beating expectations on both counts. Shares of P&G, however, closed 3% lower, at $89.02 a share.
Money Morning's options trading specialist, Tom Gentile, appeared on CNBC's "The Rundown" this morning to explain to viewers the counterintuitive drop.
He also revealed what his proprietary data is telling him about P&G – and where its stock price will go in the next month.
What Tom Didn't Say on TV…
Tom loves fast money. That's why he's been working on a new invention. It's a way to get rapid-fire profits in your hands week after week.
We're talking about trades you can make from anywhere, even right on your phone, in four days or less.
The pattern behind these quick paydays appears every single week. And Tom is the only one who knows how to find it.
He's used it to show his readers top gains like 100% on RTN in one day, 100% on BIDU in one day, 120.93% on MS in two days, and 124% on ABBV in one day.
If you hope to find yourself with a pile of extra cash in your pockets, click here to learn more…
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