Jim Cramer Says “Clorox is at the Heart of This Market’s Conundrum”

Core Viewpoint - The Clorox Company (NYSE:CLX) has seen a significant decline of over 30% in its stock price this year, reflecting changing consumer behavior amid economic concerns and inflation [1][2]. Company Overview - Clorox manufactures a variety of consumer and professional products, including cleaning supplies, cat litter, food, personal care, and water-filtration products. Notable brands include Clorox, Glad, Brita, Burt's Bees, Kingsford, and Hidden Valley [2]. Market Context - Historically, consumer packaged goods stocks like Clorox were considered recession-proof, performing well during economic downturns. However, with the current market rebound, Clorox's performance has faltered, contrasting with companies like Coca-Cola and Mondelez [2]. Investment Perspective - While Clorox is recognized for its potential as an investment, there are suggestions that certain AI stocks may offer greater upside potential and lower downside risk, indicating a shift in investment focus [2].