Jeff Parent B. Eng. FCSI CIM
Kimberly Clark
KMB-N
TOP PICK
Nov 27, 2023
There has been a good long term trading range in the past almost three years and it is at the low end of its range, As a short term trader you could see $10 to $15 and it also pays a small dividend. He is trying to find companies with a good combination of growth and dividend and that are not overly risky. Buy 3 Hold 18 Sell 2
They delivered an okay quarter. The dividend is 3.5%. You can buy this and put it away while collecting the 3.5. Investors hate these stocks now, like Clorox, though he likes them.
Stockchase Research Editor: Michael O'Reilly The producer of personal care products has clearly benefited from the pandemic -- after all who doesn't recall store shelves emptied of tp. Recently reported earnings shows a slow down in sales growth, which should not be totally unexpected. Management is engaging in a cost saving restructuring plan to help boost margins. It pays a good dividend, backed by a payout ratio of under 65%. A defensive holding, not a high-flyer. We would buy this with a stop loss at $115, looking to achieve $155 -- upside potential of 15%. Yield 3.49% (Analysts’ price target is $146.34)
(A Top Pick Apr 27/21, Up 4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KMB is progressing well. We now recommend trailing up the stop (from $115) to $130 -- just above the original recommended entry level.
(A Top Pick Apr 27/21, Up 0%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KMB has triggered its stop at $130. To remain disciplined, we recommend covering the position at this time.
It's rallying today. A quality income stock, paying 4% trading at 18x earnings. They beat on earnings by 10% and revenues by 4%. Consumers will buy staples like toilet paper even with inflation and rising rates. KC plans to grown in emerging markets.
For years, they struggled with supply chain woes and inflation, but at today's investor day, they rolled out a major reorganization and large cost cuts.
There has been a good long term trading range in the past almost three years and it is at the low end of its range, As a short term trader you could see $10 to $15 and it also pays a small dividend. He is trying to find companies with a good combination of growth and dividend and that are not overly risky. Buy 3 Hold 18 Sell 2
(Analysts’ price target is $130.65)