As the market trades sideways, Procter & Gamble (#PG) stock manages to gain +2% on an earnings beat! The consumer goods corporation reported FQ4 Non-GAAP EPS of $1.13 beats by $0.04 and revenue of $18.96B (+3.9% Y/Y).

If an earnings beat wasn't enough for investors, the company also gave a bullish forecast for FY22! P&G noted that looking ahead they expect EPS growth of +3% to +6% while organic growth sales grow between 2% to 4% from a year ago.

Is P&G a buy and hold stock for years to come?