Jim Cramer unpacks Wednesday's market action: ‘The wrong stocks are going higher' [CNBC]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: CNBC
“This was a market where the winners were consumer packaged goods stocks and the oils – the worst possible leadership groups,” he said. “The consumer packaged good plays are recession stocks, the oils are zero-sum – that's the kind of relationship they have with the rest of the economy.” CNBC's Jim Cramer parsed Wednesday's session and expressed concern about the sectors that led the market's gains, saying “the wrong stocks are going higher.” “This was a market where the winners were consumer packaged goods stocks and the oils – the worst possible leadership groups,” he said. “The consumer packaged good plays are recession stocks, the oils are zero-sum – that's the kind of relationship they have with the rest of the economy.” In a good market, Cramer said, companies should rally broadly, led by growth stocks, while cyclical names also go higher but take “a back seat.” He said it's positive for the transport sector to advance because those stocks can represent the health of the
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Earnings
- 10/24/25 - Beat
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Sec Filings
- 1/13/26 - Form 8-K
- 12/15/25 - Form 8-K
- 12/10/25 - Form 4
- PG's page on the SEC website