#5 - Procter and Gamble (NYSE:PG)
To look at Procter & Gamble (PG) shares as a solid option to get you through a recession, you have to sort of tune out a lot of the bad news that’s been surrounding it lately. This large-cap company has been failing to keep up with the S&P 500 for quite some time. In fact, over the last 10 years, P&G’s stock has risen 12%, about half of the broader market. But when you're looking at recession-proof stocks, you're not blitzing the quarterback, you're playing defense, and P&G is a defensive stock that was built to weather the tough times. Why? Brand names that every consumer needs, every single day. But they play in an arena that's ripe with competitors and requires a company that is committed to operating efficiently. And that's exactly what investors can expect from P&G. This company has been one of the Dividend Aristocrats for 62 years. Its latest dividend was valued at $2.87 per share for an impressive dividend yield of 3.58 percent.
About Procter & Gamble
Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.
More- Current Price
- $169.07
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 15 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $180.53 (6.8% Upside)
