Clorox Gains 20.5% in Past Six Months: Time to Buy or Hold the Stock?

The Clorox Company (CLX) stock has been trending up the charts in the past six months, recording a gain of 20.5%. This gain comfortably outpaces the broader Consumer Staples sector’s rise of 3.2% and the Zacks Consumer Products - Staples industry’s growth of 2.2% in the same period. CLX’s shares also surpassed the S&P 500 index’s appreciation of 11.8% in the six-month time period.The company has been gaining from pricing and cost-saving initiatives, which have been boosting the gross margins for a while. It ...