5 Best Hair Care Stocks To Buy Now

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

Number of Hedge Fund Holders: 69

The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods worldwide, operating through five segments – Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The company offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands. It is one of the best hair care stocks to buy now. The Procter & Gamble Company (NYSE:PG) reported that organic sales rose 7% in FQ1 off strong performances in the health care, fabric & home care, and baby, feminine & family care segments. 

Deutsche Bank analyst Steve Powers on December 6 raised the firm’s price target on The Procter & Gamble Company (NYSE:PG) to $162 from $156 and maintained a Buy rating on the shares.

According to Insider Monkey’s data, 69 hedge funds were bullish on The Procter & Gamble Company (NYSE:PG) at the end of Q3 2022, compared to 71 funds in the last quarter. Ray Dalio’s Bridgewater Associates held the largest stake in the company, comprising 6.6 million shares worth $835.2 million.

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