Better Buy: Procter & Gamble vs. Coca-Cola
Thanks to a few mid-April earnings updates, investors now have a good understanding of the latest operating trends at Coca-Cola (NYSE: KO) and Procter & Gamble (NYSE: PG). As expected, the two consumer staples giants are showing strong sales trends even as shoppers pull back on spending in some non-essential areas. Coke and P&G are both enjoying solid earnings results too, despite soaring costs.