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Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. The Procter & Gamble Company (NYSE:PG) is one of the stocks discussed by Jim Cramer.
Consumer goods giant The Procter & Gamble Company (NYSE:PG)’s shares are down by 9.9% over the past year and are up by 3.3% year-to-date. UBS discussed the firm on April 27th as it raised the share price target to $172 from $166 and kept a Buy rating on the stock. As part of its coverage, the bank discussed The Procter & Gamble Company (NYSE:PG)’s income statement and remarked that while the bottom line could experience headwinds from cost pressures, it was optimistic about top-line performance. Deutsche Bank also recently discussed The Procter & Gamble Company (NYSE:PG)’s stock. It adjusted the share price target to $163 from $162 kept a Buy rating. The coverage followed the third quarter earnings, and Deutsche also discussed The Procter & Gamble Company (NYSE:PG)’s momentum despite cost pressures. Naturally, growth was also on Cramer’s mind:
“Well I think the organic growth [inaudible] back to the old Procter than I came to expect. I think that beauty’s okay, grooming not so good, fabric and home very good, baby feminine very good. I think that this is a return to the days where you and I would say, wow, how do they do it, and they source better than everybody else, you know they have a bad tariff situation, headwind tariff, headwind commodity. Tailwind dollar, but Europe was very good and China even showed some good numbers. This may be the old Proctor, David.
“Proctor was the best of that group, and Colgate was the second. Maybe Proctor can return to that. It had been a laggard. This is very important, David. Proctor is a 300 billion dollar company. We talk about tech companies that are so much bigger than this. I don’t even know what to say. Are these all asterisks?”
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While we acknowledge the potential of PG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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