Jim Cramer Discusses Kimberly-Clark (KMB) & Dividends

We recently published 11 Stocks on Jim Cramer’s Radar.  Kimberly-Clark Corporation (NASDAQ:KMB) is one of the stocks on Jim Cramer's radar.

Kimberly-Clark Corporation (NASDAQ:KMB) is one of the largest consumer goods companies in America. Its shares are down by 23% over the past year and by 1.4% year-to-date. Bank of America recently cut the firm’s share price target to $130 from $148 and kept a Buy rating. In its coverage, the bank discussed that Kimberly-Clark Corporation (NASDAQ:KMB)’s sector was experiencing value compression and the firm’s transformation plan was on track. Citi also reduced the share price target to $90 from $95 and kept a Sell rating. On the news front, Kimberly-Clark Corporation (NASDAQ:KMB) has experienced a couple of busy days. The firm and Kenvue’s shareholders approved the latter’s acquisition earlier this week, with 96% of Kimberly shareholders voting in approval. Kimberly-Clark Corporation (NASDAQ:KMB) also raised its quarterly dividend to $1.28 from $1.26 to mark the 54th consecutive increase. The dividend hike followed the firm’s fourth quarter earnings, which saw its adjusted earnings grow by 24% annually. Cramer tweeted about Kimberly-Clark Corporation (NASDAQ:KMB)’s dividend:

“UPS and KMB together part of a safe dividend portfolio”

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.