Harrington: My best idea is Kimberly Clark because I don’t like anything else

Investment Thesis - Analyst's best investment idea is Kimberly Clark due to a lack of appealing alternatives in cash, bonds, and high-performing stocks [1] - Kimberly Clark is favored as a defensive play in the fourth quarter, with stocks still preferred over bonds and cash [3] - The company's products exhibit economic insensitivity, making it a safe haven during economic uncertainty [2][10] Company Performance & Valuation - Kimberly Clark's stock is down 20% over the last 52 weeks and 9% year-to-date [2] - The stock trades at approximately 165 times earnings and offers a 42% dividend yield [2] Competitive Landscape - While the utility sector is also defensive and offers dividends, Kimberly Clark is currently preferred [4][5] - Within the utility sector, divergence exists due to the data center boom, requiring careful stock selection; Dominion and Clearway Energy are liked, but Kimberly Clark is favored more [6][7] - Kimberly Clark is preferred over Clorox due to lower economic sensitivity in its product purchases; consumers are less likely to switch to generic brands within the Kimberly Clark family [9][10][11] Risks & Considerations - Tariffs are increasing costs, but the analyst is not worried about Kimberly Clark's pricing power, as many products are made domestically [8][9]