Purchase 75 shares of Procter & Gamble for approximately $141. Following the transaction, the Jim Cramer Charitable Trust will own 475 shares of PG stock, increasing from approximately 1.5% to 1.75%. The household goods giant’s stock price has been depressed over the past two weeks. The last time the stock rose significantly was on December 17th, when it soared to $148 after Jefferies raised its rating to “buy” and raised its price target from $156 to $179. We use this drop to lower our average cost basis and buy stocks with dividend yields of around 3%. Jefferies said in a note that it is more bullish on P&G as earnings estimates have already been revised downward and year-over-year comparisons will be easier in 2026. The start of a new year also brought about a change in top leadership. Shailesh Jejrikar will take over as CEO from John Mueller on January 1, and Jeffries said the change could be a catalyst for growth. Jeffries said Jejrikar’s leadership should bring “sharper execution, an urgency to innovation and a focus on cost.” Prior to becoming CEO, Mr. Jejurikar served as the company’s chief operating officer. We agree with Jefferies’ positive assertions and think P&G stock is a way to balance the portfolio’s many AI-themed stocks. (Jim Cramer’s Charitable Trust is Long PG. See here for a complete list of stocks.) As a subscriber to Jim Cramer’s CNBC Investment Club, you will receive trade alerts before Jim makes a trade. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in his charitable trust’s portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then wait 72 hours before executing the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.
