The coronavirus pandemic put investor irrationality on display with intense market gyrations that pushed some stocks sharply lower and others sharply higher. In many cases, those directions ended up reversing -- big time.

Clorox (NYSE: CLX) was one such stock caught up in the mayhem. Investors should probably see the negative mood on Wall Street surrounding the stock today as a long-term opportunity.

One piece of Clorox's consumer staples business is cleaning products, including disinfecting wipes. During the early days of the coronavirus pandemic consumers started to clean just about everything, leading to huge demand for cleaning supplies. Clorox leaned into this demand, using it to build out its cleaning product portfolio on a global scale. That demand, however, was always destined to be temporary. 

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Source Fool.com