Down 14.6% in the Last 3 Months, This High-Yield Dividend Stock Has Become Too Cheap to Ignore
Despite a broader market rally, Clorox (NYSE: CLX) is hovering around its lowest level in the last six months. The company's latest earnings report and revised guidance have added fuel to a fire of disappointment among Clorox investors, who have seen the company go from a period of breakneck growth to getting caught offsides after pandemic-induced cleaning and hygiene habits proved to be temporary.
Here's what's going wrong for Clorox, why the valuation is attractive, and why the high-yield dividend stock is worth buying now.
Image source: Getty Images.
Source Fool.com
Clorox Co. Aktie
124,40 €
-0,80 %
Die Community zeigt leichtes Desinteresse an Clorox Co. mit mehr Sell- als Buy-Einschätzungen.
Mit einem aktuellen Kurs von 124.4 € hat Clorox Co. das von der Community vorgegebene Kursziel von 124 € getroffen.
