Procter & Gamble’s (PG) at a “Real Low,” Says Jim Cramer

We recently published 11 Stocks Jim Cramer Talked About. The Procter & Gamble Company (NYSE:PG) is one of the stocks Jim Cramer recently discussed.

The Procter & Gamble Company (NYSE:PG) is one of the biggest consumer goods companies in the world. Cramer has praised the firm’s management in previous appearances. More recently, he discussed The Procter & Gamble Company (NYSE:PG) after Kimberly-Clark announced that it would acquire Kenvue for a whopping $48.7 billion price tag. Cramer commented that while The Procter & Gamble Company (NYSE:PG) was one of the biggest and dominant players in the industry, Kimberly’s CEO, Mike Hsu, might give the firm a tough time. In this appearance, he commented on the firm’s share price and mentioned it in the context of dividends:

“That was very significant. Yeah and UPS wasn’t. . as horrible. I think the government opening and people feeling better, we’re gonna get some good spend. I’m in favor of those, that’s the kind of stocks. I want retail because they’re very low multiple. And I’ve now decided that it’s time to buy these consumer product stocks if you want a yield and you’re older. You know if you can get a 4% good yield, that compounds, 50, 60, 70s, I like that, as an alternative, one of your five stocks. Might be one of those.

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“[After Carl Quintanilla mentioned Clorox, Kimberly-Clark and Procter & Gamble] Yes, Yes, Yes. All three. . .I think that Proctor’s not generational low, but it’s real low. . .But if you want yield, we suddenly have it. And I’m not going to say if the Fed is going to be cutting rates, I’m gonna run away from yield.”

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Disclosure: None. This article is originally published at Insider Monkey.