economy

March 11, 2026

We're buying the recent drop in a recession-resistant stock that started the year hot

After sitting on our hands Tuesday and awaiting further developments in the Iran war, we are putting some money to work

We're buying the recent drop in a recession-resistant stock that started the year hot

TL;DR

  • Jim Cramer's Charitable Trust is buying 25 shares of Procter & Gamble at about $152.
  • The purchase is motivated by the release of 400 million barrels of oil and an oversold S&P Short Range Oscillator.
  • The trust previously sold PG shares in February, viewing consumer staples as overvalued.
  • Recent concerns about consumer spending due to the Iran war have caused PG shares to drop, creating a buying opportunity.
  • Procter & Gamble is a consumer staples company, considered recession-resistant.
  • The trust is upgrading PG stock back to its 1 rating.

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