Jim Cramer on Procter & Gamble: “I Think It’s a Fine Level”
The Procter & Gamble Company (NYSE:PG) is one of the stocks Jim Cramer answered questions about. During the episode, a caller asked if it was too late for them to get into the stock, and Cramer replied: “No, it’s not. You know, we just initiated the position for the trust. Why? Because it sells at 21 times earnings. Got about a 3% yield, that’s about as low as you ever get Procter, which of course is a dividend aristocrat. I think it’s a fine level.” Photo by Adam Nowakowski on Unsplash The Procter & ...