05-01-2019, 01:53 PM
(05-01-2019, 01:45 PM)stockguru Wrote: CLX is getting clobbered. Anyone own it? It's down $10. Thinking of buying it soon. They missed estimates and guided lower. But its the kind of name I like in this environment. Thoughts?
Yes, purchased all of my shares June of last year at ~$122/share. Still looks overvalued compared to its historical norms. It is a boring consumer staples stock that manages to grow earnings annually by an average of about 6.5% over 3/5/10 year periods. Am interested in buying more if it dips under $140, which would appear to be a fair value.