Jim Cramer Loves These 5 Stocks

In this article, we take a look at 5 stocks that received bullish comments from Jim Cramer recently. If you want to read the discussion on Jim Cramer’s history and investment philosophy, go directly go to Jim Cramer Loves These 10 Stocks.

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

Number of Hedge Fund Holders: 72

Total Value of Hedge Funds’ Holding: $6,064,726,000

The Procter & Gamble Company (NYSE:PG) is an Ohio-based fast-moving consumer goods company.

Jim Cramer has termed the stock a great pick for recession as the sales for The Procter & Gamble Company (NYSE:PG) are expected to not fall during an economic downturn. Cramer highlighted the company’s position in the Dividend Aristocrat List for increasing its dividend for the past 65 consecutive years. The analysts are also bullish on the stock as Lauren Lieberman at Barclays increased the price target on The Procter & Gamble Company (NYSE:PG) from $167 to $176 in a note issued to investors on April 22. The analyst maintained an Overweight rating on the stock and highlighted that The Procter & Gamble Company (NYSE:PG) is in a position to set an extremely high bar for the industry.

Of the 912 hedge funds being tracked by Insider Monkey, 72 funds held a stake in The Procter & Gamble Company (NYSE:PG) at the end of Q1 2022.