5 Best Counter Cyclical Stocks to Invest in

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

Number of Hedge Fund Investors In Q4 2023: 71

The Procter & Gamble Company (NYSE:PG) is one of the biggest consumer products companies in the world, making it yet another perfect counter cyclical stock. The shares are rated Buy on average, and the average analyst share price target is $169.89.

During last year’s December quarter, 71 out of the 933 hedge funds tracked by Insider Monkey had invested in the firm. The Procter & Gamble Company (NYSE:PG)’s biggest stakeholder in our database is Ken Fisher’s Fisher Asset Management due to its $1.5 billion investment.

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