12 Best Hair Care Stocks to Buy According to Hedge Funds

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

Number of Hedge Fund Holders: 68

The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods to consumers across the globe. Its operations are divided into Fabric & Home Care, Grooming, Beauty, Health Care, Feminine & Family Care, and Baby. The company boasts a strong portfolio of brands, which includes reputable names such as Head & Shoulders, Pantene, Old Spice, Olay, Herbal Essences, Safeguard, Tide, Always, Venus, Oral-B, Ariel, Crest, Tampax, and others. Head & Shoulders, Herbal Essences, and Pantene are prominent hair care brands that offer shampoos, conditioners, and more.

The Procter & Gamble Company (NYSE:PG) sells its products in around 180 countries and territories. The company operates a long list of industry-leading brands across key consumer staples categories, which lends it a major competitive advantage. Over the last decade, it has returned around $147.8 billion to shareholders: $67.9 billion through share buybacks and $79.9 billion via dividends. This reflects its strong model of operation.

The company reported a 2% year-over-year growth in net sales to $21.9 billion in fiscal Q2 2025, along with a 3% organic sales growth. It further expanded its hair care sector in North America, Latin America, and Europe, which supported a 2% year-over-year growth in organic sales in the Beauty segment. Its Personal Care segment also reported double-digital growth, primarily due to volume gains and innovation.

Procter & Gamble Company’s (NYSE:PG) strategic goals have the potential to help its brands continually increase their influence over retailers and consumers, sustaining its broad moat in the long term. These strategic goals include product innovation and marketing investments, among others. The company’s current price target of $167.97 implies an upside of 8.95% from current levels.

Overall, PG ranks first among the 12 best hair care stocks to buy according to hedge funds. While we acknowledge the potential of hair care stocks, our conviction lies in the belief that 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 PG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure: None. 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.