2023-06-26 08:30:00 ET
At first blush, the two companies are similar enough that it seemingly doesn't matter which stock you own. Both make must-have cleaning supplies and other household consumables. A closer comparison of The Clorox Company (NYSE: CLX) and The Procter & Gamble Company (NYSE: PG) , however, makes it clear that one is distinctly a better bet than the other.
P&G is the superior stock pick, but perhaps not quite for the reason you may think. Let's dig in.
You know the companies. Clorox is, of course, the outfit behind cleaning products of the same name although it also owns Glad trash bags, Liquid-Plumr, and Kingsford charcoal, just to name a few of its other brands. Tide laundry detergent is arguably Procter & Gamble's flagship product although it's also parent to Bounty paper towels, Luvs diapers, Gillette razors, and more.
For further details see:
Better Buy: Procter & Gamble vs. Clorox