Jim Cramer Might Have Shared A Major Warning About The Clorox Company (CLX)

We recently published Jim Cramer Analyzed These 10 Stocks & Discussed Inflation. The Clorox Company (NYSE:CLX) is one of the stocks Jim Cramer recently discussed.

The Clorox Company (NYSE:CLX) is a household brand when it comes to consumer and household cleaning products. Its shares have lost 25% due to less-than-stellar earnings and tariffs. The Clorox Company (NYSE:CLX) cut its sales guidance in May due to tariffs, and while the firm has limited exposure to China and Mexico, the fears of a global economic slowdown have weighed on the stock. Cramer previously discussed The Clorox Company (NYSE:CLX) in February, and this time he pointed out a piece from Herb Greenberg:

“One that is really interesting, Clorox. My friend Herb Greenberg does this, Herb’s got many guises but he worked with me for a long time at Street.com. When he writes something, and he says something is not right, you mentioned the barbecue. . . now I happen to like Linda Rendle very much. But I respect that he, that there were issues that he pointed out about costs. I would say that there’s a lot of sense maybe something can happen with Kraft-Heinz.”

Copyright: serezniy / 123RF Stock Photo

Here is what Cramer said about The Clorox Company (NYSE:CLX) in February:

“How about consumer packaged goods? The makers of these products, long ago, they decided the real money was overseas. They couldn’t make enough money here. We’d have to find one that didn’t diversify internationally perhaps because it didn’t know how to do it. Maybe that makes it immune now. That’s Clorox… Might make for a good investment.”

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