Clorox(CLX)
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Clorox (CLX) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-04-02 22:56
Clorox (CLX) closed the most recent trading day at $148.71, moving -1.94% from the previous trading session. This change lagged the S&P 500's daily loss of 0.72%. At the same time, the Dow lost 1%, and the tech-heavy Nasdaq lost 0.95%.Shares of the consumer products maker have appreciated by 0.47% over the course of the past month, underperforming the Consumer Staples sector's gain of 2.24% and the S&P 500's gain of 2.16%.The investment community will be closely monitoring the performance of Clorox in its f ...
Clorox's (CLX) IGNITE Strategy to Evolve Portfolio Bodes Well
Zacks Investment Research· 2024-03-22 17:36
The Clorox Company (CLX) is making strategic initiatives to streamline its operating model, which aims at improving efficiency. In the latest developments, the company has announced the sale of its certain wholly-owned subsidiaries (collectively called "Clorox Argentina") to Apex Capital, which is a private equity fund in connection with Grupo Mariposa. This includes the company’s operations in Argentina, Uruguay and Paraguay.This sale is in sync with CLX's IGNITE strategy to evolve its portfolio so that it ...
Clorox (CLX) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-03-21 22:56
Clorox (CLX) closed the most recent trading day at $147.66, moving -1.88% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%.Heading into today, shares of the consumer products maker had lost 1.43% over the past month, lagging the Consumer Staples sector's gain of 1.81% and the S&P 500's gain of 5.11% in that time.Analysts and investors alike will be keeping a cl ...
Clorox Divests its Operations in Argentina, Uruguay and Paraguay
Prnewswire· 2024-03-21 13:20
Sale advances Clorox's IGNITE strategy to evolve its portfolio for long term profitable growth OAKLAND, Calif., March 21, 2024 /PRNewswire/ -- The Clorox Company (NYSE: CLX) (the "company" or "Clorox") today announced the sale of certain wholly owned subsidiaries (collectively, "Clorox Argentina"), with operations in Argentina, Uruguay and Paraguay, to Apex Capital, a private equity fund associated with Grupo Mariposa, a 139-year old food and beverage company with operations in 16 countries, and an invest ...
1 Magnificent S&P 500 Dividend Stock Down 33% to Buy and Hold Forever
The Motley Fool· 2024-03-20 13:53
Life is like a sine curve, with good times followed by bad times, and vice versa. That's how it goes for companies, too. Right now Clorox (CLX -0.06%), a member of the consumer staples segment in the S&P 500 index, is in a down swing. The stock is more than 33% below its 2020 high-water mark. That's pushed the yield toward the high end of its historical range, to around 3.2%.Now is the time to consider adding this dividend stock to your portfolio, but before you do, it's worth understanding why Clorox is so ...
Here's Why Clorox (CLX) is a Strong Growth Stock
Zacks Investment Research· 2024-03-19 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...
5 Consumer Staples Stocks to Buy as Inflation Rises in February
Zacks Investment Research· 2024-03-19 13:16
Volatility has returned to Wall Street after a solid rally in the first two months of the year. Inflation rose once again in February, dampening investors’ morale on fading hopes of a rate cut anytime soon.The Labor Department reported last week that the consumer price index (CPI) rose 0.4% sequentially in February, higher than January’s rise of 0.3%. February’s jump was also the most since September 2023, after which inflation declined steadily to fall below 3% before climbing again in January.Year over ye ...
Are Consumer Staples Stocks Lagging Clorox (CLX) This Year?
Zacks Investment Research· 2024-03-11 14:46
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Clorox (CLX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.Clorox is a member of our Consumer Staples group, which includes 194 different companies and ...
Burt's Bees® Showcases Clinical Efficacy of Aloe and Prebiotic Containing Products in Addressing Common Skin Concerns
Prnewswire· 2024-03-08 18:02
Clinical studies presented at the 2024 American Academy of Dermatology Annual Meeting demonstrate how nature-based products support the microbiome in compromised skin, while improving barrier function and hydration DURHAM, N.C., March 8, 2024 /PRNewswire/ -- Burt's Bees, the #1 dermatologist recommended natural skin care brand* and a pioneer in naturally-derived lip and skin care solutions, announced its latest research findings on the benefits of nature-based products to maintain and protect skin health a ...
Clorox (CLX) Just Flashed Golden Cross Signal: Do You Buy?
Zacks Investment Research· 2024-02-29 15:36
After reaching an important support level, Clorox (CLX) could be a good stock pick from a technical perspective. CLX surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Like other SMAs, if a st ...