Cramer: Procter & Gamble Is Indeed Insular; Here Is the Proof

Now that Procter & Gamble (PG) claimed an oh-so-narrow victory in the big proxy fight against Nelson Peltz, I am looking forward to seeing if the company does anything differently in the way it operates, both tactically and strategically.

Why not expect some change? Almost 50% of the people who voted believed that P&G is too insular and not innovative enough about developing newer, smaller brands and nurturing them, in an accountable way, into big ones. That's Peltz push and credo in a nutshell. His defeat by an incredibly small number of voters resonates to me as more of an endorsement than a repudiation of his positions by institutions both large and small, especially given the millions that P&G spent to battle this one man....829 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.