10 Best Household and Personal Care Stocks to Buy

1. Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Investors: 64

The most well-known and biggest manufacturer of home and personal care products globally is Procter & Gamble Company (NYSE:PG). Having been in business for nearly 200 years, P&G is the owner of over 20 billion-dollar brands, such as Bounty, Tide, and Crest. The company benefits from a vast distribution network as well as connections to numerous retailers and other end users. It also ranks among the world’s largest advertisers. Over half of the firm’s consolidated sales come from sales outside of its home market (U.S.).

Except for the corporate segment, the Cincinnati-based company’s beauty division, which includes renowned skin and personal care brands like Olay, Old Spice, Safeguard, Secret, SK-II, and Native, as well as haircare brands, accounted for 18% of the company’s net sales in 2024.

Hence, Procter & Gamble Company (NYSE:PG) has diversified into a number of markets, including cleaning supplies, grooming goods, health and beauty products, and more, which puts them in a solid position to consistently deliver strong results. In addition, it has paid a dividend for 134 years running and has been a dividend achiever, raising its payout annually for 68 of those years.

After the company’s Q4 earnings beat, RBC Capital increased its price objective for the company to $164 from $157 and maintained a Sector Perform rating on the shares. The company is weathering the hard market successfully, especially as several of its competitors see better trends as a result of their own turnaround efforts, although the stock’s valuation is “full at current levels,” according to the analyst in a research note.

Overall, P&G’s dedication to innovation, sustainability, and strong cash flow positions it to meet growing consumer demand and deliver value to shareholders.

Ken Fisher’s Fisher Asset Management is the largest shareholder in the company, with 17,550,134 shares worth $2.89 billion.

While we acknowledge the potential of the 10 Best Household and Personal Care Stocks to Buy, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.

Disclosure: None. 10 Best Household and Personal Care Stocks to Buy is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.