Jim Cramer Weighed In on the Tech Market Divide and 5 Stocks to Watch Now

In this article, we will look at “Jim Cramer Weighed In on the Tech Market Divide and 5 Stocks to Watch Now”. Please visit Jim Cramer Weighed In on the Tech Market Divide and 11 Stocks to Watch Now if you’d like to see the extended list and methodology behind it.

5. Kimberly-Clark Corporation (NASDAQ:KMB)

Kimberly-Clark Corporation (NASDAQ:KMB) is among the stocks Jim Cramer discussed alongside the tech market divide. When a caller inquired about the stock during the episode, Cramer said:

Well… Remember, it just had that fire, the six-alarm fire at its largest distribution center of toilet paper. Let’s, you know, Mike Hsu did not necessarily set that out, for that to happen. Five and a quarter percent, let’s go over this, 5.25% yield, buying Kenvue, it’s going to be additive to the situation. I am going to stick my neck out and say, even though it’s at 13 times earnings, I think you should buy more… I really do. I think you should average down. I know people don’t like to hear that, but I’m, I have great faith in Mike Hsu. And I think at 5.25% yield, I want to own Kimberly-Clark.

Kimberly-Clark Corporation (NASDAQ:KMB) manufactures personal care products and provides items such as diapers, wipes, feminine and incontinence care products, and household paper goods.