The Clorox Company (NYSE:CLX) is one of the stocks Jim Cramer recently put under a microscope. Cramer mentioned the company during the episode and said:
“Sometimes when stocks are doing badly, I get worried, not because I want to get out, but because I wonder if I might be missing a once-in-a-generational bottom. Those don’t come around all that often, of course. And right now, I’m concerned that we might be missing a bottom in a group of stocks that I haven’t particularly cared for at all, especially in a long time… The group that I’m talking about, the consumer packaged good stocks, too much inflation, not enough growth, growth being the magic elixir that makes your investment winners and it doesn’t have it… I’m looking at Clorox, oh boy, one of the worst stocks in the S&P 500 this year…. some terrific brands here, Burt’s Bees, Hidden Valley Ranch, Brita… Kingsford Charcoal, and of course, Clorox itself. Got a 4.72% yield.”
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The Clorox Company (NYSE:CLX) makes cleaning, household, and personal care products, along with food and water-filtration items.
While we acknowledge the potential of CLX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.