12 Best Hair Care Stocks to Buy According to Hedge Funds

6. Church & Dwight Co., Inc. (NYSE:CHD)

Number of Hedge Fund Holders: 32

Church & Dwight Co. (NYSE:CHD) manufactures, develops, and markets a range of personal care, consumer household, and specialty products. Its product offerings in the personal care segment include various goods, including the affordable haircare brand Batiste. The company operates in the Consumer Domestic, Consumer International, and Specialty Products Division (SPD) segments.

Church & Dwight Co., Inc. (NYSE:CHD) exceeded its sales growth outlook in fiscal Q4 2024, reporting a 4.1% net sales increase in fiscal year 2024 in comparison to the company’s outlook of around 3.5%. It drove strong consumer demand across its geographies and portfolios in fiscal year 2024, with organic sales increasing by 4.6%. The primary driver of organic growth was volume, which Church & Dwight Co., Inc. (NYSE:CHD) expects to continue in fiscal year 2025.

These positive results reflect the strength of the company’s brands, the success of its new and innovative products, and the benefits of its continued focus on execution. The company also reported strong cash flow generation, with over $1.1 billion of cash from operations in fiscal year 2024. This growth was attributed to margin expansion, strong sales, and efficient working capital management. Church & Dwight Co., Inc. (NYSE:CHD) ranks sixth on our top hair care stocks to buy. On February 5, Argus Research analyst Taylor Conrad reiterated a Buy rating on the company.