Kimberly-Clark Corporation (NASDAQ:KMB) is one of the shares Jim Cramer recently offered information on. Cramer made a prediction about the company during the episode, as he said:
“Here are some predictions: I think Kimberly-Clark may be hitting rock bottom. Procter & Gamble has already started the process.”
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Kimberly-Clark Corporation (NASDAQ:KMB) manufactures and sells tissue and personal care products. Its products include baby care, feminine care, incontinence and household paper products. During the September 10 episode, Cramer called it “a company in the midst of tremendous change.” He commented:
“Again, these aren’t really the growth stocks I’m talking about. I’m talking about a company in the midst of a spectacular recovery, like Kimberly-Clark, also within its 4% yield. Domestic brands, I like that. I like the restructuring that CEO Michael Hsu is engineering, even though he’s getting almost no credit for it right now.”
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Disclosure: None. This article was originally published in Internal jumpsuit.