Jim Cramer Expressed Thoughts on These 14 Stocks

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

Number of Hedge Fund Holders: 87

The Procter & Gamble Company (NYSE:PG) is one of the stocks Jim Cramer expressed thoughts on. Answering a caller’s query about the stock during the episode, Cramer remarked:

“I’m very glad you asked about Procter & Gamble. Okay, so they disappointed the Street. I’m going to spend a lot of my time on my Friday conference call with Jeff Marks with the investing club, talking about why you should buy Procter & Gamble and how you are going to make a lot of money doing so, but you must have patience. Patience is going to pay off with PG.”

The Procter & Gamble Company (NYSE:PG) provides branded consumer goods across beauty, grooming, health care, home care, and family care. The company sells its products through renowned names such as Tide, Pampers, Gillette, Crest, Olay, and Febreze. During the November 20 episode, a caller asked whether it was too late to get into the stock, and Cramer responded:

“No, it’s not. You know, we just initiated the position for the trust. Why? Because it sells at 21 times earnings. Got about a 3% yield, that’s about as low as you ever get Procter, which of course is a dividend aristocrat. I think it’s a fine level.”