5 Best Consumer Stocks To Buy Now

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

Number of Hedge Fund Holders: 71

% Weight of iShares Global Consumer Staples ETF as of September 22: 8.78 

 The Procter & Gamble Company (NYSE:PG) is a consumer goods company that specializes in a variety of items for personal care, consumer health, and hygiene. Given its earnings growth, the company has increased its dividend for 66 consecutive years. 

In the fourth fiscal quarter, The Procter & Gamble Company (NYSE:PG) reported revenue of $19.5 billion, up 3% from the same period last year. 

In July, The Procter & Gamble Company (NYSE:PG) also declared a quarterly dividend of $0.9133 per share. The company’s dividend yield on September 25 stands at 2.69%.

With 71 hedge funds in our database holding positions at the end of Q2, 2022, The Procter & Gamble Company (NYSE:PG) is also one of the most widely held stocks by hedge funds on our list. Among them, Bridgewater Associates is the biggest stakeholder of The Procter & Gamble Company (NYSE:PG) as of the second quarter of 2022, with more than 6 million shares worth more than $970 million.

You can also take a look at 10 Best Healthcare Dividend Stocks to Buy Now and 10 Dividend Stocks with Over 20 Years of Dividend Increases.

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