Kimberly-Clark Corporation (NASDAQ:KMB) is one of the stocks Jim Cramer recently offered insights on. Cramer made a prediction about the company during the episode, as he said:
“Here are some predictions: I think Kimberly-Clark could be bottoming. Procter & Gamble already started the process.”
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Kimberly-Clark Corporation (NASDAQ:KMB) manufactures and sells personal care and tissue products. Its products include baby care, feminine care, incontinence, and household paper products. During the September 10 episode, Cramer called it “a company in the midst of a terrific turnaround.” He commented:
“Again, these are not really the growth stocks that I’m referring to. I’m talking about a company in the midst of a terrific turnaround, like Kimberly-Clark, also, within your 4% yield. Household brands, I like that. I like the restructuring that CEO Michael Hsu is engineering, even though he’s getting almost no, no, he’s getting no credit for it at this point.”
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Disclosure: None. This article is originally published at Insider Monkey.
