Where Will Kimberly-Clark Be in 1 Year?
Shares of Kimberly-Clark (NYSE: KMB), the maker of paper-based products like Kleenex, Kotex, Cottonelle, and Huggies, have risen about 4% over the past 12 months as the COVID-19 crisis buoyed its sales.
Kimberly-Clark's organic sales, which rose 4% last year, surged 11% in the first quarter of 2020 as shoppers stocked up on its goods "across all major geographies." Yet Kimberly-Clark didn't provide a full-year outlook, so investors might be wondering if the stock will lose its luster as the panic shopping ends. Let's see if this consumer staples giant will remain a worthwhile investment over the next 12 months.
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Source Fool.com
