5 Best Dividend Stocks According To Jim Cramer

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

Number of Hedge Fund Holders: 74

Jim Cramer has long been a fan of The Procter & Gamble Company (NYSE:PG). In October the analyst counted The Procter & Gamble Company (NYSE:PG) among the names to own if the economy enters a recession. Cramer said that The Procter & Gamble Company (NYSE:PG) was a “textbook slowdown stock” to own that will grow even if the economy slows down.

Jim Cramer also believes The Procter & Gamble Company (NYSE:PG) is among the best of breed stocks. Read more on Cramer’s best of breed picks here.

ClearBridge Sustainability Leaders Strategy made the following comment about The Procter & Gamble Company (NYSE:PG) in its Q2 2023 investor letter:

“Reinforcing defensive exposure and pushing our consumer staples positioning from underweight to overweight the benchmark, we added The Procter & Gamble Company (NYSE:PG), a leading consumer products company with leading franchises in a variety of stable categories, including fabric care, baby, beauty and health. It is a high-quality company with a track record of superior growth, market share gains and attractive returns on capital. It also has defensive attributes when economic conditions deteriorate. Procter & Gamble is a sustainability leader with a demonstrated commitment to addressing environmental and social objectives in how it manages the business, and it has above-average corporate governance practices. Many Procter & Gamble products have a positive impact by promoting hygiene, self-care or health.”