Clorox (CLX) Is Consistent, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Talked About.  The Clorox Company (NYSE:CLX) is one of the stocks that Jim Cramer talked about.

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.”

While we acknowledge the risk and potential of CLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CLX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.