Billionaire Ken Fisher’s Top Stock Picks Heading Into 2019

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

– Shares Owned by Fisher Asset Management (as of September 30): 10.04 million
– Value of Fisher Asset Management’s Holding (as of September 30):
$835 million

Fisher Investments has been holding The Procter & Gamble Company (NYSE:PG) shares since at least 1999 and bought another 191,374 of them during Q3. Procter & Gamble’s stock has stalled over the last four years, which Ken Fisher has suggested is the result of millennials craving new micro-brands that are different from the established products used by their parents (so uncool). Fellow billionaire Nelson Peltz has gone a step further in the past, saying that Procter should split into several companies that focus on pushing out such new and trendy brands.

Follow Procter & Gamble Co (NYSE:PG)

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