#6 - Kimberly Clark (NYSE:KMB)
The Covid-19 pandemic may not have sparked the baby boom that was expected, but that may be coming. If borrowers are free of their student loans, they are likely to feel more comfortable starting a family. And one of the stocks that would benefit from a baby boom would be the consumer products maker Kimberly Clark (NYSE:KMB).
Perhaps best known as the parent company for brands such as Huggies and GoodNites, the company also makes a variety of products that would be in high demand in a home with babies and young children.
KMB stock has not been a strong performer during the pandemic. However the stock is up 19% in the last three years and pays a dividend that currently has a yield of 3.24%. In fact, the company is a Dividend Aristocrat having just increased its dividend for the 49th consecutive year.
About Kimberly-Clark
Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.
Read More - Current Price
- $131.32
- Consensus Rating
- Hold
- Ratings Breakdown
- 6 Buy Ratings, 7 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $149.93 (14.2% Upside)
