5 Best Beauty Stocks To Buy Now

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

Number of Hedge Fund Holders: 71

The Procter & Gamble Company (NYSE:PG) is an American multinational branded consumer packaged goods company that operates through five segments – Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The Procter & Gamble Company (NYSE:PG) is one of the best beauty stocks to invest in. On October 11, the company declared a $0.9133 per share quarterly dividend, in line with previous. The dividend is payable on November 15, to shareholders of record on October 21. The Procter & Gamble Company (NYSE:PG) also posted market-beating third quarter results. 

On October 20, Deutsche Bank analyst Steve Powers raised the price target on The Procter & Gamble Company (NYSE:PG) to $156 from $155 and kept a Buy rating on the shares following the fiscal Q1 results.

According to Insider Monkey’s Q2 data, 71 hedge funds were bullish on The Procter & Gamble Company (NYSE:PG), compared to 72 funds in the preceding quarter. Ray Dalio’s Bridgewater Associates is the biggest stakeholder of the company, with 6.7 million shares worth $970 million.

Follow Procter & Gamble Co (NYSE:PG)

You can also take a look at 12 Best Consumer Discretionary Stocks To Buy and 10 Best Technology Dividend Stocks To Buy

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