We maintain our long-term Neutral recommendation on The Clorox Company (NYSE:CLX), one of the world’s leading manufacturers of consumer products, based on a balanced risk-reward scenario for the company.
The neutral view on Clorox stems from the company’s solid third-quarter performance in a difficult economy and despite higher input costs, the benefits of its ongoing cost saving initiatives and price increases, encouraging forward guidance and intensive capital investments, offset by intense … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards