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Halfway through its 2017 fiscal year, Procter & Gamble (NYSE: PG) looks like a business on the mend. Sales growth is running ahead of management’s forecast, in contrast to rivals Kimberly-Clark (NYSE: KMB) and Unilever (NYSE: UL).
Sure, none of these consumer-goods stocks will post big gains if their global industry continues to bounce along at near zero growth. But there are some good reasons for investors to prefer P&G over its peers right now.