Kimberly-Clark: Downgrade Back To Sell Rating On Negative Earnings Outlook
Following my coverage on Kimberly-Clark (NYSE: KMB ) in Feb’24, which I upgraded to a hold rating as I believed the near-term weakness had already been priced in, this post is to provide an update on my thoughts on the businessI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensit ...