I'm starting to look at Clorox (CLX), now trading around the mid to high 50s as I try to look for a stock that can weather a possible slow down in consumer spending. From a high level view this company looks like a no-brainer, its products are used in everyday life. In good times and bad, we will still want to clean our homes and wash our clothes. And I also like the amount of free cash flow this company kicks out and how safe the dividends are (current dividend yield is 2.7%). I will continue researching this company and keep everyone posted.
LT Trader
Friday, February 29, 2008
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