Jim Cramer on Clorox: "It's a Terrific Day to Own Clorox (CLX)"

The Clorox Company (NYSE:CLX) is one of the stocks that Jim Cramer shared his take on. Discussing how Friday was a bad day for people who only own AI stocks and emphasising the need for diversification in one’s portfolio, Cramer commented:

“It’s a terrific day to own Clorox and… Chipotle, but not so terrific to own the data centre plays with the super speculative names… If you don’t have anything like a Clorox… to offset the damage, it’s very hard to take that kind of pain. I’ve gotta tell you, that’s tough for me, and I am a seasoned pain taker.”

The Clorox Company (NYSE:CLX) makes cleaning, household, and personal care products, along with food and water-filtration items. During the November 11 episode, Cramer highlighted it as “one of the worst stocks in the S&P 500 this year,” as he remarked:

“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.”

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.