22 Stocks Jim Cramer Recently Talked About

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8. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 88

The Procter & Gamble Company (NYSE:PG) is one of the 22 stocks Jim Cramer recently talked about. Discussing the impact of the currency on the company, Cramer said:

“Let me give you another story. The dollar keeps getting killed, right? We keep hearing chatter all day about how it’s dangerous, that the greenback’s at a 4-year low, dangerous. I can’t believe my ears. Have these naysayers ever been on a consumer packaged goods conference call? Practically every country on earth loves to devalue their currency in order to make their exports more competitive and kill our competition, kill our commerce.

Go listen to Procter & Gamble call, any call, and you know what you hear? They’re always complaining that the dollar’s too strong. So when their big earnings from overseas, and this is a great company, are translated back to our currency, their profits are dramatically lower. Now, I don’t like Procter & Gamble stock that much here, but it’s pretty obvious they’ll be able to beat the numbers thanks to that weaker dollar.”

Procter & Gamble (NYSE:PG) provides consumer packaged goods across categories including beauty, grooming, health care, home care, fabric care, baby care, feminine care, and family care. Its products are sold under well-known brand names.

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