8 Stocks Jim Cramer Was Asked About

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

Number of Hedge Fund Holders: 88

The Procter & Gamble Company (NYSE:PG) is one of the stocks Jim Cramer was asked about. A caller asked what they should be doing with their position in the stock, and Cramer replied:

“I’ll tell you it’s really tough because I have historically not done badly buying Procter & Gamble at the 52-week low. And I do think that if I wanted to start a position, I would wait. It’s a 2.87% yield. If it got to 3% yield, and I wanted to buy a hundred shares, I’d buy my first 25, and I’d buy it staggered to yield. Another 25 at three and a quarter, another 25, three and a half. Like that. And then if we get to four, you may have to buy more, but I’ve gotta tell you, you won’t go wrong starting a position at the low for Procter & Gamble.”

The Procter & Gamble Company (NYSE:PG) produces consumer goods, including personal care, grooming, health, fabric, home, and baby products under brands like Pantene, Gillette, Crest, Tide, Pampers, and Bounty.

While we acknowledge the potential of The Procter & Gamble Company (NYSE:PG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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