PG

AI Research

Iran war impact on consumer staples → -9% since Mar 1, Jim Cramer buys dip

Procter & Gamble shares have dropped about 9% since the start of March as the Iran war has raised gas price concerns, reducing consumer discretionary spending on goods. Jim Cramer's Charitable Trust bought 25 shares at roughly $152 to increase its weighting to 1.8%, viewing the selloff as an overreaction. Q2 2026 EPS of $1.88 beat estimates by $0.02, and 14 analysts maintain a Buy rating with a 12-month target of $170.86, representing 13.3% upside from the current $152 level.