Kimberly-Clark's (NYSE: KMB) stock is cheap. Even as the broader market surged higher this year, the consumer products giant has declined. As a result, investors can now buy the owner of hit global brands like Kleenex, Huggies, and Scott for about 18 times earnings, compared to 24 times earnings for the broader market.
Cheap doesn't necessarily translate into a good value, though. Below, we'll look at a few reasons why you might want to pass on Kimberly-Clark stock and consider buying its industry peers instead.
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Source: Fool.com