Jim Cramer Says That “You Can Miss” Procter & Gamble (PG)

While calling The Procter & Gamble Company (NYSE:PG) a “dividend aristocrat”, Cramer noted that the yield is not enough to “compensate you for the risk”.

“I’ve always believed that there are two consumer packaged goods companies that make a ton of sense whenever they go down, and that’s Procter & Gamble and Colgate. Now, the former has the most unassailable consumer product lines in the world. Procter is also what we call a dividend aristocrat, increasing its payout by a little more each year for more than 70 years.

Procter is such a winner. That is an amazing record. But here at $158, and again, we’re focused on Procter & Gamble, less than two points from its low, approximately 22 points from its high, I mean, you might be thinking, how can you miss? Easy, you can miss because Procter only yields 2.68% at these levels despite all those dividend boosts. Well, that’s just not enough to compensate you for the risk.”

A happy couple viewing the products of this household and personal product company in a mass merchandiser store.

Procter & Gamble (NYSE:PG) provides many consumer packaged products, including items for beauty, grooming, health care, home care, fabric care, baby care, feminine care, and family care under well-known brand names.

While we acknowledge the potential of PG to grow, our conviction lies in the belief that some 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.

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