5 Best Inflation Stocks to Buy According to Hedge Funds

3. The Proctor and Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 71  

The Proctor and Gamble Company (NYSE:PG) provides branded consumer packaged goods worldwide. It is one of the premier inflation stocks to invest in. On October 10, Goldman Sachs analyst Jason English maintained a Neutral rating on The Procter & Gamble Company (NYSE:PG) stock with a $143 price target, underlining that the rating reflected a vigilant outlook on the group as well as company specific concerns that reveal market share headwinds could persist.

At the end of the second quarter of 2022, 71 hedge funds in the database of Insider Monkey held stakes worth $5.5 billion in The Proctor and Gamble Company (NYSE:PG), compared to 72 in the preceding quarter worth $6.1 billion.