Clorox Is Still Living Up to Its Big Promises. Time to Buy the Stock?
Shares of Clorox (NYSE: CLX) hit a high water mark in 2020 during the coronavirus pandemic. Since that point, the stock has crashed, at one point falling around 45% or so. Although the shares have started to climb out of that hole, they are still down around 30%. And yet management is executing well on its recovery plan, which is a sign that investors may want to buy the stock.
The big news of 2020 was the coronavirus pandemic. Most companies got trampled as investors ran for the hills, causing a bear market. Some, however, had products that were seen as potentially benefiting from the fast-spreading illness. Clorox's cleaning supplies made it just such a company.
Source Fool.com
Clorox Co. Stock
€118.80
0.000%
Our community is currently low on Clorox Co. with 3 Buy predictions and 10 Sell predictions.
However, we have a potential of 3.54% for Clorox Co. as the target price of 123 € is above the current price of 118.8 €.
