5 Stocks Jim Cramer Thinks Can Weather a Debt Default

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In this article, we will be taking a look at 5 stocks Cramer thinks can weather a debt default. To explore similar stocks, you can go see 10 Stocks Jim Cramer Thinks Can Weather a Debt Default.

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

Number of Hedge Fund Holders: 75

Considering the fact that The Procter & Gamble Company (NYSE:PG) “held very well in the decline of 2011,” Cramer believes the stock can manage to hold up just as well in today’s economic crisis.

On April 26, Lauren Lieberman at Barclays held an Overweight rating on The Procter & Gamble Company (NYSE:PG) shares. The analyst also raised her price target on the stock from $160 to $167.

There were 75 prominent hedge funds long The Procter & Gamble Company (NYSE:PG) in the first quarter. Their total stake value was $4.7 billion.

Follow Procter & Gamble Co (NYSE:PG)

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