These 2 Stocks Have Consumers Looking Solid
Stock markets were stuck in a holding pattern through the first half of Wednesday's trading session. Major benchmarks showed little or no change as most investors waited for the latest move from the Federal Reserve on interest rates.
There's been a lot of focus on the consumer economy, which has held up better than many had expected even in the face of inflationary and other macroeconomic pressures. Household products company Clorox (NYSE: CLX) and home generator specialist Generac Holdings (NYSE: GNRC) both reported their latest financial results, and shareholders were pleased with what they saw from the two consumer-facing companies.
Image source: Getty Images.
Source Fool.com
Clorox Co. Stock
€90.72
5.840%
With 15 Sell predictions and only 2 Buy predictions the community sentiment for Clorox Co. is rather negative.
On the other hand, the target price of 91 € is above the current price of 90.72 € for Clorox Co., so the potential is actually 0.31%.
