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The Print Street 50 Top Stock Picks That Billionaires Love
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50 Top Stock Picks That Billionaires Love

Andy Ford Jul 31, 2023
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Procter & Gamble

There’s a high chance that people who stockpiled on basic household cleaning material at the onslaught of the pandemic added tons of Procter & Gamble products to their cart. Although the demand for toilet tissue rolls has diminished, the company known for its home staples is still enjoying huge sales thanks to its other offerings.

Yacktman Asset Management, which has been investing in Procter & Gamble since 2001, increased its shares in the company by three percent, now making up for 6.7 of its holdings, a 0.7 percent increase. Founded by William Procter and James Gamble in 1837, the company is now the firm’s second-biggest holding.

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