Jim Cramer says buy P&G amid a weakening U.S. dollar
Publishing timestamp: 2023-11-14 10:48:39
Summary
The recent weakness in the U.S. dollar is expected to benefit Procter & Gamble. The company had previously warned about foreign-exchange headwinds impacting its sales growth, but with the decline in the U.S. dollar, P&G is now better positioned to handle this dynamic. The article suggests buying P&G shares as the company is in a stronger position than before.
Sentiment: POSITIVE
Keywords: dxy us dollar currency index, markets, currency markets, jim cramer, investingclubsample, stock takes, business news, procter & gamble co, investment strategy, breaking news: markets,
Source: https://www.cnbc.com/2023/11/14/jim-cramer-says-buy-pg-amid-a-weakening-us-dollar.html