Clorox CompanyCLXCOMMENTMay 11, 2026Stock 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.
A good company and pays a 5% dividend, but is perceived to be doing poorly. Is -11.83% this year.