Procter and Gamble
(PG) opened at $63.95. So far today the stock has hit a low of $63.8 and a high of $64.56. PG is now trading at $64.29, up 0.49 (0.72%). After hitting a one-year high of $75.18 in December, the stock hit a one-year low of $60.05 earlier this month. Shares of PG are rising today after competitor Colgate-Palmolive
(CL) posted adjusted second-quarter earnings of 98 cents per share, beating analysts' estimates of 94 cents per share. Technical indicators for PG are neutral and improving, while S&P gives the stock a bullish 5 Stars (out of 5) Strong Buy rating. For a hedged play on this stock, consider a January bull-put spread below the $55 range. PG hasn't been below 55 at all in the past year, and could lose up to 14.4% before this trade loses money. [LHF- Seven Summits Strategic Investments NewsBite]