Jim Cramer’s Take on 5 Stocks: Home Depot, Procter & Gamble, and Danaher

4. Kimberly-Clark Corporation (NASDAQ:KMB)

Kimberly-Clark Corporation (NASDAQ:KMB) was one of the stocks on which Jim Cramer shared his take, explaining that dot-com analogies do not hold up in this market. Cramer highlighted the fire at a company’s distribution center that damaged its toilet paper products, as he said:

Okay, well, here’s two that are mind-boggling: Clorox and Kimberly-Clark. These are excellent companies, long-term, terrific. They both yield more than 5% here. That’s remarkable in itself… I am worried about Clorox. It’s had some tough times. So has Kimberly, considering this gigantic, terrible fire that wiped out a huge amount of Scott toilet paper. However, Kimberly’s about to merge with Kenvue, and that’s a fantastic deal that I bet will produce tremendous returns. Unfortunately, I don’t see the stock being rewarded for it, not in this market.

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. A caller inquired about the stock during the April 9 episode, and Cramer commented:

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.