Kimberly-Clark Corp $ 143.24 1.02 (0.72%)
KMB News and Headlines - Kimberly-Clarkrp
The global financial markets are facing an inevitable meltdown amid the coronavirus pandemic. Millions of people have already lost their jobs because of the deadly virus, while a slew of businesses have been forced to close.
The trend demonstrated by the non-farm payroll (NFP) numbers of the last three months indicates that the U.S. unemployment rate could reach the high single digits by the end of the year. This follows the assumption that more people will regain employment to push the rate below the current level of about 13%. Earlier on Wednesday, the International Monetary Fund released
U.S. stocks were in the red on Thursday ahead of new labor market data and a second wave of Covid-19 cases. An additional 1.542 million Americans filed for unemployment benefits the past week, short expectations of 1.55 million. The Dow Jones Industrial Average lost 2.98% to 26,186, the S&P 500 index fell 2.48% to 3,111 and the Nasdaq Composite Index was down 1.72% to 9,849.
• Kroger Co (KR) +1.7%
• Clorox Co (CLX) +1%
• Kimberly-Clark Corp (KMB) +0.87%
• Colgate-Palmolive Co (CL) +0.5%
• Newmont Corporation (NEM) +0.4%
• Carnival Corp (CCL) -11.3%
Shares of Clorox Company (CLX), the maker of bleach and other household products such as trash bags and laundry care supplies, have been one of the beneficiaries of the Covid-19 pandemic. As of market close on June 2, investors have bid the stock higher by 30% since Jan. 20, which was the day of the first reported case of the virus in the U.S. The S&P 500 has lost more than 8% over the same period of time.
While shareholders are pleased with this return in a short period of time, Clorox now trades with a valuation that is often
We at Urbem find it significantly beneficial to learn from the greatest investors' decisions to sell. A decision to sell could imply an elevated investment risk ahead. Meanwhile, selling at a good price can be harder than buying at a good price, as selling is exposed to unlimited risk of missed potential.
In this article, we will go through the records of Terry Smith, often called the "English Warren Buffett (Trades, Portfolio)," who claims that the most challenging part of his investment strategy is to "sit there and do nothing." The "sell" decision is a really big
Markets advance Monday morning
U.S. stocks were well in the green on Monday when the market opened on news that the drug maker Moderna is close to a vaccine for Covid-19. The Dow Jones Industrial Average gained more than 800 points, or 3.39%, to 24,488, while the S&P 500 index rose 3.07% to 2,951 and the Nasdaq Composite Index advanced
As the Covid-19 pandemic continues to wreak havoc on the market, consumer defensive stocks have generally fared better than others sectors due to increased demand for staple goods like toilet paper and canned food.
On Friday, the major indexes ended the day higher, but were lower for the week. The Dow Jones Industrial Average closed at 23,775.27, gaining 1.11%. The S&P 500 closed at 2,836.74 for a gain of 1.39% and the Nasdaq Composite closed at 8,634.52, rising 1.65%.
The GuruFocus All-in-One Screener, a Premium feature, found several consumer packaged goods companies have bucked the trend of the overall
Despite the recent stock market correction, the following are the best-performing stocks over the past six months that have a long-term presence in multiple gurus' portfolios.
Shares of Clorox Co. (CLX) increased 14.98% over the past six months. The stock is held by seven gurus.
The company's largest guru shareholder is Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 0.68% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.30% and Yacktman Asset Management (Trades, Portfolio) with 0.05%.
The manufacturer of a variety of
The one benefit of the washout that the market has experienced over the past several weeks is that many stocks are well off their 52-week highs. Of course, the worldwide economic disruption due to the coronavirus likely means many companies will have to reduce their expectations for the year. This makes attempting to estimate earnings an exercise in futility for nearly every sector of the economy. Investors won’t be able to grasp the full extent of the damage done to the economy due to the coronavirus until at least first-quarter earnings start to come out in mid- to late April.
According to GuruFocus, these stocks have reached their 52-week highs.
Kimberly-Clark reached the 52-week high of $146.46
Kimberly-Clark Corp. (KMB) is a leading manufacturer of personal care (around half of sales) and tissue products (roughly one-third of sales). Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex and Cottonelle. The company also operates K-C Professional, which partners with businesses to provide safe and sanitary products for the workplace.
The price of Kimberly-Clark shares has reached $146.46, which is 1.9% off the 52-week high of $149.23. The company has a market cap of $50.06 billion;
How to identify and secure competitive advantages has been the theme of “Competition Demystified: A Radically Simplified Approach to Business Strategy.”
Yet, in chapter 18, the book’s final chapter, authors Bruce Greenwald and Judd Kahn focused on management and operational excellence. Why?
Because few companies enjoy solid competitive advantages, forcing most to compete every day with “a large and frequently elastic set of competitors.” Still, these companies without advantages can survive and even thrive by being as efficient and effective as possible in their business operations.
The rewards from excellent management, in both operational and administrative areas, can be as
Kimberly-Clark Corp. (KMB) and Carter's Inc. (CRI) declared quarterly dividends on Thursday. These stocks have been paying dividends for several years and are beating the S&P 500 Index in terms of a higher dividend yield. The benchmark for U.S.-listed stocks yields 1.84% as of Nov. 21.
Kimberly-Clark shares were up 0.44% at a price of $133.95 per share in extended trading on Thursday after the company declared a quarterly dividend of $1.03 per common share, which is in line with the previous payment.
The comsumer goods company will pay the quarterly dividend to its shareholders on Jan. 3,
U.S. stocks were in the green on Tuesday, with several companies reporting financial results, including Kimberley-Clark (KMB), Procter & Gamble (PG), Hasbro (HAS), Texas Instruments (TXN) and Snap (SNAP). The Dow Jones Industrial Average gained 0.33% to 26,916, the S&P 500 Index rose 0.19% to 3,012 and the Nasdaq Composite Index slid 0.13% to 8,152.
Shares of United Technologies Corp. (UTX) gained more than 2% on Tuesday after announcing third-quarter results. The company posted earnings of $2.21 per share on $19.5 billion in revenue. The company beat earnings estimates by 18 cents and revenue expectations by $190 million.
According to GuruFocus list of 52-week highs, these guru stocks have reached their 52-week highs.
Amgen Inc. (AMGN) reached the 52-week high of $208.62
Amgen Inc. is a leader in biotechnology-based human therapeutics, with historical expertise in renal disease and cancer supportive care products. Flagship drugs include red blood cell boosters Epogen and Aranesp, immune system boosters Neupogen and Neulasta, and Enbrel for inflammatory diseases. Amgen introduced its first cancer therapeutic, Vectibix and received approval for bone-strengthening drug Prolia/Xgeva.
The price of Amgen Inc. shares has reached $208.62, which is 1.6% off the 52-week high
The Dow Jones Industrial Average closed at 26,511.05 on Monday with a loss of 48.49 points or -0.18%. The S&P 500 closed at 2,907.97 for a gain of 2.94 points or 0.10%. The Nasdaq Composite closed at 8,015.27 for a gain of 17.20 points or 0.22%. The VIX Volatility Index was higher at 12.45 for a gain of 0.36 points or 2.98%.
Monday’s market movers
U.S. market indexes closed with mixed returns Monday. Stocks opened lower after a lower Shanghai close followed headlines that China would not be furthering stimulus measures. Investors were also watching for breakout trends as approximately
Managed by David Herro (Trades, Portfolio), Michael Manelli and Justin Hance, the Chicago-based fund seeks long-term capital appreciation by investing in foreign, small-cap companies that are trading at a discount to its estimate of intrinsic value.
Based on these criteria, the fund established positions in Pirelli & C. S.p.A. (MIL:PIRC), Kimberly-Clark de Mexico SAB de CV (MEX:KIMBERA) and Bucher Industries AG (XSWX:BUCN) during the quarter.
Pirelli & C
The fund invested
Investments in digital growth could boost Kimberly-Clark Corp.'s (KMB) stock price. The company is aiming to build one-to-one relationships with customers in order to enhance loyalty. It is expanding its presence in developing and emerging markets, where it currently has lower levels of category penetration.
The consumer goods company is investing in product innovation as it seeks to further differentiate its brands from those of rivals. It will focus on consumer insights, while updating its manufacturing footprint to improve the speed-to-market and consistency of new products.
Although operating conditions are expected to remain challenging, an efficiency program could offset weaker
As we continue to digest the ideas of Sven Carlin, as expressed in “Modern Value Investing: 25 Tools to Invest With a Margin of Safety in Today's Financial Environment,” we will identify several more tools that will help investors identify companies with a margin of safety.
Tool 13: Google and the search engines
Carlin’s 13th tool for better investing was the search engine Google, which is owned by Alphabet Inc. (GOOG)(GOOGL). The search engine changed our expectations and our approach to finding information for investing. There were other search engines before Google, but they tended to be elaborate directories
With investing there is usually a trade-off between quality and price. For instance, in the bond world the highest quality offerings generally offer the lowest yields while the high-yield alternatives are often aptly classified as “junk.” There’s a clear relationship between the underlying riskiness of a security and how investors are being compensated.
In the equity world a similar pattern exists. It’s not hard to indentify the best or fastest growing businesses in the world. The problem, for many, is that these securities often trade with an above average or “premium” valuation. Investors have recognized the quality of the underlying
Hedge fund manager Joel Greenblatt (Trades, Portfolio), who is known for the invention of Magic Formula investing and founding Gotham Asset Management, bought shares of the following stocks in the second quarter.
The guru boosted his holding of Intuit Inc. (INTU) by 12,642.75%, impacting the equity portfolio by 0.88%.
The software company has a market cap of $54.06 billion and an enterprise value of $52.16 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 76.27% and return on assets of 24.93%
Robert A. Olstein is the chairman and chiefinvestment officer of Olstein Capital Management. He bought shares in the following stocks in both the second and first quarter of 2018.
Delphi Technologies PLC (DLPH)
In the first quarter, the guru boosted his position by 336.39% and added 2.78% in the second quarter.
With a market cap of $3.71 billion, the company manufactures advanced fuel injection systems and power electronics.