12 Best Stagflation Stocks to Buy Now

8. The Clorox Company (NYSE:CLX)

Number of Hedge Fund Holders: 53

The Clorox Company (NYSE:CLX) is one of the Best Stagflation Stocks to Buy Now. On June 26, Jefferies lowered its price target on Clorox (NYSE: CLX) from $167 to $145, while reiterating a Buy rating on the stock. The firm cited short-term uncertainty stemming from Clorox’s upcoming rollout of its U.S. Enterprise Resource Planning (ERP) system. As the transition unfolds, Jefferies expects timing disruptions in shipping to make near-term modeling unusually difficult, potentially creating pockets of both unexpected operating leverage and deleverage.

Looking ahead to fiscal 2026, the firm believes Clorox is likely to guide for organic sales to decline between 2% and 4%, with EPS dropping in the low-teens percent range. Jefferies also warned that current consensus estimates are too optimistic and will require what it called a “recalibration.”

Despite the turbulence, the firm sees a buying opportunity in what it describes as the “messiness” of this transition period, arguing that long-term investors could benefit as the company works through short-term friction.

Clorox (NYSE:CLX) is a U.S.-based consumer goods company best known for its namesake bleach, but its portfolio spans far beyond cleaning products. It owns well-known brands like Pine-Sol, Burt’s Bees, Glad, and Kingsford, covering categories from home care and trash bags to natural personal care and grilling.