Where the P&G Stock Price Is Going Next

Yesterday (Jan. 23), Procter & Gamble Co. (NYSE: PG) beat on earnings and revenue, yet its stock promptly took a dive...

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...

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Don't Miss: Sign up for free alerts every time Tom Gentile releases a new recommendation by clicking here.

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