Analyst Says Kimberly-Clark (KMB) The Best Dividend Stock to 'Hide Out' in Q4

We recently published Top 10 Trending Stocks and ETFs as Analyst Predicts $9 Trillion Productivity Gains Due to AI. Kimberly-Clark Corp (NASDAQ:KMB) is one of the top trending stocks.

Jenny Harrington, CEO and Portfolio Manager at Gilman Hill Asset Management, said in a recent program on CNBC that KMB is currently one of her favorite stocks. Here is why:

“The reason I like it is because I don’t like anything else. I don’t like cash. I don’t like bonds. I don’t like areas of the market that have done well. I don’t like stocks that are already up 25 or 50%. So, what you’ve got with Kimberly-Clark Corp (NASDAQ:KMB), which by the way, we all know what Kimberly does. They make Kleenex, Huggies, toilet paper, they make Scott’s toilet paper, and then the, you know, higher-end Cottonelle toilet paper. But the stock is down 20% over the last 52 weeks, 9% year-to-date, trades at about 16 and a half times earnings, has a 4.2% dividend yield, and come May, people are going to keep using their products. There’s just a huge amount of economic insensitivity. So, this is where I want to hide out in the fourth quarter. Oh, and by the way, even though I don’t like anything else.”

While we acknowledge the potential of KMB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.