5 Stocks That are Benefiting From Rising Inflation

In this article, we discuss the 5 stocks that are benefiting from rising inflation. If you want to read our detailed analysis of these stocks, go directly to the 10 Stocks That are Benefiting From Rising Inflation. 

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

Number of Hedge Fund Holders: 67   

The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods. Elite hedge funds are bullish on the stock. Among the hedge funds being tracked by Insider Monkey, London-based investment firm Cedar Rock Capital is a leading shareholder in The Procter & Gamble Company (NYSE:PG)  with 6 million shares worth more than $985 million. 

On January 20, Morgan Stanley analyst Dara Mohsenian maintained an Overweight rating on The Procter & Gamble Company (NYSE:PG) stock and raised the price target to $177 from $161, underlining that robust sales and market share results were “offsetting industry pressures” for the firm from a cost and foreign exchange standpoint. 

The Procter & Gamble Company (NYSE:PG) will benefit from inflation since the company can pass on the increasing costs of goods to consumers. Since The Procter & Gamble Company (NYSE:PG) sells essential products and has a healthy brand name, this price increase is likely to be absorbed without affecting sales too much.