Is Kimberly Clark Stock a Buy?
Kimberly Clark (NYSE: KMB) sells products under globally recognized brands that many people use in their everyday lives. These include diapers, baby wipes, toilet paper, tissues, and paper towels that it sells under brands like Huggies, Pull-Ups, Depend, Kleenex, and Scott. While the pandemic boosted sales for some of the company's consumer products -- notably its consumer tissue segment -- the division that sells goods to businesses was hurt by the virus and subsequent economic softness.
Unfortunately, recent news, including the U.S. president's recent diagnosis and cases cropping up in other places, shows that COVID-19 is not past us. These uncertain days makes it a good time to evaluate Kimberly Clark's prospects and whether you should entertain putting your hard-earned money into purchasing the shares.
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Source Fool.com
