Vaccine or Not, Wall Street is Making a Big Mistake by Selling This Stock
During the height of the COVID-19 pandemic, owning Clorox (NYSE: CLX) stock was like driving a Toyota Camry when gas prices were high. You had the dual benefit of safety and reliability and the excellent gas mileage to keep fuel costs down. Positive vaccine news and hopes that the pandemic is coming to an end have sparked a broad sell-off in many so-called "stay at home stocks," or really any company that is benefiting heavily from the pandemic. But Clorox isn't like those other companies.
There are plenty of reasons to own Clorox aside from its pandemic-driven tailwinds. Like a Camry, Clorox is safe and reliable no matter what. Here's why it could deserve a place in your portfolio right now.