The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
We learned yesterday that William Ackman's Pershing Square Capital has bought about $2 billion worth of Procter & Gamble stock. Shares of Procter & Gamble are down around 4.5% for the year compared to the average for the Dow, which is up around 3% for the year. It is hoped that Ackman's activist investing strategy can turn things around at P&G. David feels that Ackman might be able to positively influence management. The company is still extremely strong, with 25 brands generating more than $1 billion in sales and another 19 generating more than $500 million in sales. Ultimately, Procter & Gamble represents a great opportunity for investors, and Ackman might be a catalyst here for improved performance.
If you're interested in dividends on your quest for high-yielding stocks, The Motley Fool has compiled a special free report outlining our top nine dependable, dividend-paying stocks. It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your copy today at no cost! Just click here to discover the winners we've picked.