economy

January 2, 2026

We're buying the dip in this consumer staples stock that's teed up for a bounce

We're taking advantage of this dip to lower our average cost basis and pick up stock with a dividend yield of roughly 3%.

We're buying the dip in this consumer staples stock that's teed up for a bounce

TL;DR

  • Jim Cramer's Charitable Trust is buying 75 shares of Procter & Gamble at approximately $141.
  • The trust will own 475 shares of PG, increasing its weighting to 1.75%.
  • The purchase is a strategic move to lower the average cost basis and acquire stock with a dividend yield of roughly 3%.
  • Jefferies upgraded PG, citing revised earnings estimates and easier year-over-year comparisons in 2026.
  • Shailesh Jejurikar took over as CEO from Jon Moeller on January 1st, a change Jefferies believes could be a catalyst for growth.
  • Jefferies expects Jejurikar's leadership to bring sharper execution, innovation urgency, and cost focus.
  • The purchase of PG is seen as a way to balance the portfolio's AI-themed stocks.

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