Up 14% in a Week, Has This High-Yield Dividend Stock Finally Turned Things Around?
Clorox (NYSE: CLX) isn't the flashiest company on paper. And it hasn't been a good stock to own, either, down 16.9% over the last five years. And even if you factor in dividends, the investment still lost value over that time period.
But investing isn't about how glamorous a business is or what it has done; it's about where it could be headed. Clorox stock has quietly surged over 14% in the past week. That's a big move for a boring behemoth consumer staples stock.
There's reason to believe it could be just the beginning of a turnaround for the company. Here's why Clorox is a dividend stock that is worth buying now.
Source Fool.com
Clorox Co. Stock
€122.20
-2.250%
Our community is currently low on Clorox Co. with 3 Buy predictions and 13 Sell predictions.
At the moment Clorox Co. has reached the predicted target price of 122 €, with a current price of 122.2 €.
