“Clorox and Kimberly Clark offer attractive entry points on continued pullbacks.”
Last week, the markets fell for the 10th straight day. It was the longest down streak for the markets in 50 years.
This is when I like to find “safe-haven” buying opportunities.
And if you’re doing some independent trading over the holidays – I have two tickers I like at their current levels.
Safe-Haven Play No. 1 – Clorox (CLX)
Look – everybody needs to keep their houses clean.
Clorox engages in the production and sales of consumer products and international markets. It primarily sells its products through mass merchandisers, grocery stores and retail outlets.
These products include its namesake bleach as well as Burt’s Bees, Formula 409 and Hidden Valley. The company has been around since the early 1900s and isn’t going anywhere.
At the time of this writing, Clorox (CLX) is sitting around 164. I think that’s a enitcing entry point.
Safe-Haven Play No. 2 – Kimberly Clark Corporation (KMB)
Toilet paper is another key commodity people tend to stock up on.
Kimberly Clark Corporation is that produces mostly paper-based consumer products like Kleenex facial tissue and Andrex toilet paper.
Remember back in COVID when there was a shortage in toilet paper? Any time Wall Street encounters a downtrend, people often stock up on emergency supplies. It’s just human nature and the way people react.
At the time of this writing, KMB is sitting at 132, making it another attractive bargain entry point for a safe-haven trade.
Action Plan: When the market is on a downtrend, CLX and KMB represent safe-haven plays at attractive entry points. If you’re doing any trading over the holiday, I’d consider these plays.
And if you’re looking to start 2025 on the path to financial freedom, I invite you to join me in The War Room. Last week I closed 6 of 8 trades for winners (75% win rate). Including a 30% winner on COST in less than 1 trading day. Overall, we had a 74% win rate in 2024 and we’re excited to continue our trading success into next year.
