Over the month, Procter and Gamble stock price has maintained an upward bias, reflecting sector allocation towards recession-resilient assets. Analysts note the company’s broad product portfolio shields earnings cycles against economic slowdowns. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. The Procter and Gamble stock price momentum is fueled by capital inflows from ETFs tracking defensive consumer goods. Macro tailwinds from stable consumption patterns support sustained market capitalization growth.
