NewroadTrader

Buy $CLX - NRPicks 21 Mar

Long
NYSE:CLX   Clorox Company (The)
The Clorox Company manufactures and markets consumer products and professionals worldwide. It operates through four segments: Health and Welfare, Home, Lifestyle and International.

For the past year, Clorox has been in the right market segment of the consumer industry at the right time: cleaning and disinfection products. In his latest earnings report he exceeded expectations with earnings per share of $2.03 and quarterly revenue of $1.84B

Clorox's economic benefit has been trending higher over time, from about 10% a decade to 20% recently, implying that it becomes more effective in managing capital as it grows

- Defensive
- Dividend Yield 2.39%
- Market Cap 23.20B
- Sales Q/Q 27.10%

Technical:
- Low levels of RSI
- Support $181
- Bounce in MA 100

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