Kimberly-Clark’s stock valuation is attractive
Kimberly-Clark, the company behind brands such as Huggies and Kleenex, has seen its stock down nearly 22% over the past year.
The company’s products are mostly essential items that people will need to buy regardless of market conditions.
Kimberly-Clark has been working on cutting costs and modernizing its supply chain to turn its fortunes around, with a recent forward-looking price-to-earnings ratio of 12.8, well below its five-year average of 18.6.