Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimberly Clark Corp (NYSE:KMB) stock surged 5.7%. And if you look further back, you’ll see that KMB stock has climbed more than 32% in the past 12 months, substantially outperforming the 8.7% gain from the S&P 500 Index during this period. So, how did this Irving, Texas-based company that’s known for making “Kleenex” deliver such impressive returns? Well, in the case of the most recent rally, the catalyst was an earnings report.
On a deeper note, what really made investors like KMB stock over the long term was its recession-proof business. As I mentioned earlier, Kimberly Clark is in the consumer staples business. That is, the company sells products that are essential, such as paper towels, toilet paper, diapers, and baby wipes. Kimberly Clark has a well-established market position. The company’s history can be traced all the way back to the 1870s and over the years, many of its brands have become household names. These include “Kleenex,” “Scott,” “Cottonelle,” and “Huggies,” just to name a few.
Source: Income Investors
Related Articles:
- 5 Select High-Yield S&P 500 Dividend Stocks
- A Winning Investment Strategy
- 5 Dividend Stocks With A 20% Yield In 20 Years
- 4 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 2.7%
- Finding Low Risk Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you want to earn more dividend income from the stock market, then you need to start investing in healthcare. Analysts project the number ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
High dividend yields are harder to find lately, given the long-running stock market rally. But that scarcity doesn't mean investors have...
-
One little-known tax loophole allows Americans to collect large, growing distribution checks from the government. And investors can begin ea...
-
Every investor needs a security blanket -- that piece of the portfolio that needs no attention and doesn't keep you up at night. Busines...
-
The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal...
-
I love buying dollar bills for $0.80. Of course, you don’t find many chances like that in the stock market. Whenever such a great deal arise...
-
Technology is the alchemy of the stock market. It is where companies turn worthless silicon into incredible new and expensive gizmos and dev...
-
The one knock against this midstream company is its higher risk profile compared with its peers. It has been working to address that issue b...
0 comments
Post a Comment
Post a Comment