2024-07-12 08:47:43 ET
Summary
- Kimberly-Clark is a global personal care and paper products manufacturer with recognizable brand names like Huggies and Kleenex.
- The company faces risks such as inflation, competition, and challenges in international markets, particularly in Russia.
- Despite consistent earnings and dividends, the stock is trading at high multiples to book value, making it a hold for now.
I'm a sucker for companies that have high-value brands. I know house brands at retail locations are becoming en vogue recently as consumers try to save money from the cost increases of inflation, but for me, the name brands have stood the test of time over decades, if not centuries, and come with a level of implied quality and reliability that customers have come to rely on....
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Kimberly-Clark: An Interesting Dividend Growth Play, But At A High Premium