Church & Dwight is Down 20% From Its High. Time to Buy?
Shares of consumer products maker Church & Dwight (NYSE: CHD) have fallen roughly 20% so far in 2022. That's one of its worst drawdowns since the turn of the century, though not the worst one in the company's history. When investors become this negative on a stock, it pays for long-term investors to get interested. But that doesn't mean the stock will end up being a buy. Let's find out.
From a business perspective, Church & Dwight has an impressive collection of consumer staple brands. This includes Arm & Hammer and various other products, from laundry detergent to kitty litter, OxiClean, Trojan, Nair, Arrid, and Water Pik, among many others. Some are leaders in their space, others are simply well-known brands. Good brands have material value as they tend to lead to loyal consumers and repeat sales. That's a big selling point with Church & Dwight's retailer customers.
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Source Fool.com
