Reported about 7 hours ago
Jim Cramer discussed Procter & Gamble's (NYSE: PG) announcement to cut 7,000 jobs over the next two years, emphasizing that while such cost-cutting usually boosts stock prices, the current market sentiment indicates serious issues within the company. P&G, a leading player in consumer packaged goods, ranks 12th among stocks Cramer finds significant, although he suggests that certain AI stocks may offer better investment potential.
Source: YAHOO