We are buying 75 shares of Procter & Gamble at roughly $141. Following the trade, Jim Cramer’s Charitable Trust will own 475 shares of PG, increasing its weighting to 1.75% from about 1.5%. Shares of this household product giant have been in a slump over the past two weeks. The stock’s last notable up move was Dec. 17, when it jumped to $148 in response to Jefferies upgrading its rating to a buy and raising its price target to $179 from $156. We’re taking advantage of this dip to lower our average cost basis and pick up stock with a dividend yield of roughly 3%. In the note, Jefferies said it’s more bullish on P & G because earnings estimates have already been revised down, and year-over-year comparisons will get easier in 2026. The start of the new year also brought a change in leadership at the top. Shailesh Jejurikar took over as CEO from Jon Moeller on Jan. 1, and Jefferies said the change could be a catalyst for growth. Jefferies said Jejurikar’s leadership should bring “sharper execution, urgency on innovation, and cost focus.” Before becoming CEO, Jejurikar was the company’s chief operating officer. We agree with Jefferies’ positive thesis and see P & G shares as a way to balance the portfolio’s many AI-themed stocks. (Jim Cramer’s Charitable Trust is long PG. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
