5 Best Stocks to Buy for Investment

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

Number of Hedge Fund Holders: 75

Beta Value: 0.44

Founded in 1837 by William Procter and James Gamble, The Procter & Gamble Company (NYSE:PG) is a global consumer goods corporation headquartered in Cincinnati, Ohio. The company is renowned for its extensive range of branded consumer packaged goods, distributed globally across segments that include Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

At present, The Procter & Gamble Company (NYSE:PG) offers a quarterly dividend of $0.9407 per share, resulting in a yield of 2.49% as of November 28. With a track record of 67 consecutive years of dividend increases, the company not only stands as a prominent dividend aristocrat stock but also as one of the best stocks for investment.

According to Insider Monkey’s data for the third quarter, 75 hedge funds exhibited a positive stance on The Procter & Gamble Company (NYSE:PG), marking a slight uptick from the 74 funds in the preceding quarter.