Reported 3 days ago
Analysts have evaluated various consumer staples stocks and identified The Clorox Company (NYSE:CLX) as one of the top contenders, ranking it fifth in their list. Despite a decline in consumer confidence amidst economic uncertainties, Clorox is making strategic moves, including increased advertising and consistent dividend raises, to bolster its market position. The company is set to experience organic sales growth and margin expansion, indicating a positive outlook despite the challenging market environment.
Source: YAHOO