A Basically Bearish View

Q: Will Procter & Gamble (PG ) be a good stock in the near future? And how will the recent merger with Gillette (G ) affect other consumer-product companies, such as Colgate-Palmolive (CL )?

A: Many are seeing the acquisition of Gillette as a positive for Procter & Gamble, but this is something that will take time to evolve. Given that, and our outlook based on sentiment and technicals for P&G, this is a stock that would be best categorized as a hold, rather than something that I would be adding to my position in.

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