8 Stocks with Lowest Short Interest to Buy

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

Short % of Float (as of September 30): 0.87%

Number of Hedge Fund Holders: 64

The Procter & Gamble Company (NYSE:PG) is engaged in the provision of branded consumer packaged goods worldwide.

The Procter & Gamble Company (NYSE:PG)’s strong brand portfolio and well-diversified business are expected to drive a long-term growth trajectory. Its extensive product portfolio spans across multiple categories, such as beauty, grooming, health care, fabric & home care, among others. This diversification should continue to offer the company stability and resilience against market fluctuations. Innovation should be the key driver of The Procter & Gamble Company (NYSE:PG)’s growth strategy.

The Procter & Gamble Company (NYSE:PG) continues to invest in research and development to bring new and improved products to market. This strong emphasis on innovation aided the company in maintaining its market share momentum and creating opportunities for premium pricing. Additionally, The Procter & Gamble Company (NYSE:PG)’s global presence enables it to tap additional growth opportunities in emerging markets. This can help in offsetting slowdowns in more mature markets.

Its ability to tailor products and marketing strategies to local preferences should be a significant factor in international success. One of the company’s strengths has been its pricing power, which can be leveraged for future growth. In FY 2024, The Procter & Gamble Company (NYSE:PG) saw net sales of $84.0 billion, reflecting a rise of 2% versus the prior year. Organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, rose 4%. Increased pricing contributed 4 points of growth to organic sales.

TD Cowen gave a “Buy” rating on the shares of The Procter & Gamble Company (NYSE:PG) and a $189.00 price target on 23^rd July.