12 Stocks Jim Cramer Talked About

5. The Clorox Company (NYSE:CLX)

Number of Hedge Fund Holdings: 37

The Clorox Company (NYSE:CLX) is one of the most well-known household products manufacturers in America. Its shares are down by 19% over the past year but are up by a strong 18% year-to-date. Wells Fargo hiked its share price target for The Clorox Company (NYSE:CLX) in late January. The bank increased the share price target to $115 from $108 and kept an Equal Weight rating on the shares. It pointed out that The Clorox Company (NYSE:CLX)’s acquisition of the firm responsible for manufacturing the Purell hand sanitizer could lead to the chemical company’s sales growing by the low double-digit percentages. More recently, banking giant JPMorgan raised The Clorox Company (NYSE:CLX)’s share price target to $117 from $114 and kept a Neutral rating on the shares. In its earnings report released in February, the firm posted $1.39 in earnings per share and $1.67 billion in revenue. The earnings missed analyst estimates of $1.43, while the revenue beat estimates of $1.64 billion. Cramer used The Clorox Company (NYSE:CLX) as an example of a firm that is consistent:

“Clorox did well, they’re starting to buy Kimberly!

“Now these aren’t really growing, it’s just that they’re consistent.”