5 Best Stocks to Buy in Falling Markets According to Hedge Funds

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

Number of Hedge Fund Holders: 74

As a producer of branded consumer packaged goods, The Procter & Gamble Company (NYSE:PG) ranks second on our list of 11 best stocks to buy in falling markets. The firm offers products through five different segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Procter & Gamble Company (NYSE:PG) was founded almost 2 centuries ago and is headquartered in Cincinnati, Ohio.

At the end of the second quarter this year, 74 hedge funds had their stakes in the company. The largest stake in the company was held by Fundsmith LLP which bought about 4.8 million shares of The Procter & Gamble Company (NYSE:PG) that were worth about $735.8 million. The stock is currently trading at $146.