I Told My Club Members You Could Look at Clorox (CLX), Says Jim Cramer

We recently published 16 Latest Stocks on Jim Cramer’s Radar. The Clorox Company (NYSE:CLX) is one of the stocks on Jim Cramer's radar.

The Clorox Company (NYSE:CLX) is among the handful of consumer goods stocks that have recently surfaced on Jim Cramer’s radar. The CNBC TV host has started to discuss the sector due to his belief that there’s excessive negativity about consumer spending in America. According to Cramer, this sentiment is through news involving inflation and growth. In a recent appearance, he called The Clorox Company (NYSE:CLX) one of “the worst stocks in the S&P 500 year.” However, instead of worrying him, the poor performance has made Cramer wonder whether the firm could be at a generational low for a buying opportunity. One factor that drives his belief is The Clorox Company (NYSE:CLX)’s brand strength through lines such as Burt’s Bees and the namesake Clorox bleach. In this appearance, he recalled his meeting with investing club members:

“Well look, I mean, those are, if you want to do those, then I had my conference call yesterday with club members, I said you got to look at the drug stocks that have good yields. You could look at Clorox. . .”

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