Clorox: I See A Positive Outlook With Over 5% Dividend Yield

Shares in The Clorox Company continue to struggle, with YTD losses of over 7% adding to its losses of over 25% in the past year. The declines come as the cleaning-products maker is contending with declining sales and decreasing profitability. While the challenges are real, I believe CLX can overcome them and return to positive growth. I view the CLX stock’s over 5% dividend yield as an additional draw to the upside potential. Cleaning-products maker, The Clorox Company (CLX), appears to be in a messy state. In my view, the clean-up efforts present an opportunity. The company’s stock is trading at the bottom rung of its 52-week range.