Procter & Gamble (NYSE: PG) is listed among the 12 Best Stocks to Buy for the Long Term. TD Cowen downgraded PG to Hold from Buy, expecting slow growth due to limited pricing power and pressure on Hispanic consumer. Revenue slightly missed expectations in Q2, impacted by US consumer spending and international growth. US government shutdown hurt sales, with volumes falling in most categories. P&G reported net sales of $22.21 billion, up 1% year over year but slightly below analyst estimates. Core gross margin declined for the fifth consecutive quarter. P&G is a global consumer staples company selling branded packaged goods worldwide.

Read more at Yahoo Finance: TD Cowen Sees a Slower Recovery Path Taking Shape at Procter & Gamble (PG)