Kimberly-Clark (KVUE) Buying Kenvue Isn’t A Mistake, Asserts Jim Cramer

We recently published 11 Latest Stocks Jim Cramer Talked About. Kenvue Inc. (NYSE:KVUE) is one of the stocks Jim Cramer recently discussed.

Personal healthcare products provider Kenvue Inc. (NYSE:KVUE) has been in the news for one reason or another recently. The firm faced turmoil on the stock market in September after President Trump raised concerns about Tylenol’s link to autism. Yesterday, Kenvue Inc. (NYSE:KVUE) was in the news again after Kimberly-Clark announced that it would buy the firm for $48.7 billion. Cramer pointed out the benefits of the deal:

“But I gotta tell you, I love this deal. Okay cause where Kimberly is strong, they’re not. China. Where they’re strong, Europe, Kimberly is not. Kimberly has an understanding in data which shows that Tylenol has not been hurt by any of the problems that the government’s talked about. Remember it’s also just about pregnant women. The lawsuits, that are [inaudible], talc, to Europe, because that was carved off from JNJ. They don’t the same kind of punitive laws over there. They don’t have the huge damages. So that looked bad, it was almost like a poison pill. But it’s not that bad.”

While we acknowledge the risk and potential of KVUE 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 KVUE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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