Carmer Thinks KMB Should Go Up
CNBC's Mad Money Jim Cramer thinks that if we are predicting a recession, Kimberly-Clark (NYSE: KMB) should go higher. He says that Kimberly-Clark (KMB) benefits from cheaper natural gas and its international exposure enables them to take an advantage of the weak dollar. Its dividend yield of 4.2% is another reason why Jim Cramer wants to buy Kimberly-Clark (KMB).
Kimberly-Clark (KMB) dropped 1.31% on Thursday and closed at $58.21. Its volume of $3.34M was higher than its usual volume of $2.59M.
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