Down 14.6% in the Last 3 Months, This High-Yield Dividend Stock Has Become Too Cheap to Ignore
CLXClorox(CLX) The Motley Fool·2024-06-19 16:36

Clorox is turning things around, but challenges remain.Despite a broader market rally, Clorox (CLX 0.49%) is hovering around its lowest level in the last six months. The company's latest earnings report and revised guidance have added fuel to a fire of disappointment among Clorox investors, who have seen the company go from a period of breakneck growth to getting caught offsides after pandemic-induced cleaning and hygiene habits proved to be temporary.Here's what's going wrong for Clorox, why the valuation ...