Kimberly-Clark’s Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve and other brands.
The K-C Professional segment offers wipers, tissues, towels, apparel, soaps and sanitizers under the Kleenex, Scott, WypAll, Kimtech and KleenGuard brands.
The company sells its household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce. It sells away-from-home use products directly to manufacturing, lodging, office building, food service and public facilities, as well as through distributors and e-commerce.
Shareholders receive a 3.52% dividend. Berenberg Bank’s $146 target price is higher than the $140.01 consensus target. Kimberly-Clark stock closed on Thursday at $133.93.
Walmart
The retail giant is a top idea for investors looking for winners during difficult times. Walmart Inc. (NYSE: WMT), the world’s largest retailer, operates retail stores under the formats of Walmart Stores, Supercenters, Neighborhood Markets and Sam’s Club locations in the United States, as well as a growing e-commerce business. Internationally Walmart also operates locations in several countries, including Argentina, Brazil, Canada, China, Japan, Mexico and the United Kingdom.
Each week, nearly 260 million customers and members visit the company’s 11,535 stores under 72 banners in 28 countries and e-commerce websites in 11 countries. It had fiscal 2021 revenue of nearly $560 billion, and Walmart employs approximately 2.2 million associates worldwide.
Walmart stock investors receive a 1.55% dividend. The $175 BofA Securities price target compares with a $167.75 consensus target and Thursday’s close at $147.41.
Any company that has paid shareholders dividends for 50 years or more is the epitome of safe and dependable. Toss in the fact that all these outstanding stocks have support from top Wall Street analysts, making them good ideas for nervous investors. In these turbulent times, “better safe than sorry” are words to live by for sure, especially given the multitude of events and situations that are threatening a stock market that ran way past its intrinsic value some time ago.
Originally published at 24/7 Wall St.
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