Clorox CompanyCLXCOMMENTNov 07, 2017Stock price when the opinion was issued
As of Jun 10, 2026. Market Open.
She bought it because it trades at 16x vs. historically 18-20x, and pays a safe 4.9% dividend which has increased for 24 years in company history. Rocked by Covid, only now are earnings are finding a consistent trajectory of 6-8% earnings growth with dividend growth. From Jan.1 to Feb. 9, shares jumped 26%, but shares fell when the Iran war began, because many of their products rely on oil. Whenever the oil price goes down, these shares go up. Also, it's AI proof.
This is in the Consumer Products/Consumer Staples category, which he is more negative on. However, this has done better than the group. They recently produced a decent earnings number. Prefers other areas.