Is Clorox Stock a Buy?
Few publicly traded companies have done better in the COVID-19 pandemic than Clorox (NYSE: CLX). While some industries faced overwhelming challenges from virus-induced shutdowns, Clorox thrived. Its portfolio of cleaning products was ideal in an environment featuring the public focusing more and more on constant sanitizing and hygiene.
Investors took note of the strong Clorox tailwinds. Not only did Clorox avoid the March stock market crash, the stock price jumped 40% above its previous all-time highs since the shutdowns began. Can this run continue? Let's explore.
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Source Fool.com
