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Thanks to its resilient business model, PG’s revenue and EPS have grown at 4.1% and 13% CAGRs, respectively, over the past three years. Also, the stock has gained 7.4% over the past three months to close yesterday’s trading session at $140.85.
However, there has been a decrease in hedge fund interest in the stock recently. Also, because the COVID-19 pandemic-led surge in demand for consumer goods is gradually decreasing, PG’s pace of growth looks uncertain in the near term.
