Jim Cramer commented positively on owning Clorox (CLX) stock. Various Financial Institutions including Albion Financial Group UT and Swedbank AB made significant changes to their stock holdings in the company, with some reducing and others, like VIRGINIA RETIREMENT SYSTEMS ET Al, purchasing a multitude. There are mixed opinions on the longevity of the company as some see it as undervalued and others suggest selling. Clorox consistently increased quarterly dividends, remains a high dividend yielder, and initiates brand investments that could potentially lead to growth. Albeit, certain analysts are uncertain about future gains following Clorox's Q1 results. Earnings reports revealed results and dividends exceeding market expectations, despite a decrease in organic sales. Appointment of Gina Boswell contributed to its board of directors. Clorox's potential as a leading defensive dividend stock is recognized amidst declining stock performance. CFO Kevin Jacobsen’s retirement saw Luc Bellet as his successor. Overall, opinions on Clorox's outlook are divided.
Clorox Company CLX News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Fri, 02 Jan 2026 10:16:39 GMT -
Rating -1
- Innovation 5
- Information 8
- Rumor -3
