From Yahoo Finance: 2025-03-30 08:58:00

Consumer confidence in the US is plummeting, hitting a 10-year low in March. The Conference Board reported a sharp decline to 92.9, below analyst estimates. Future outlook is even bleaker at 65.2, marking a 12-year low and signaling potential recession.

Concerns over tariffs and a volatile market are driving consumer confidence down, especially among older age groups. Companies are facing headwinds like inflation, high interest rates, and layoffs. Q1 2025 sales are softer than expected, making the year tougher than anticipated for businesses.

The Clorox Company (NYSE:CLX) ranks 5th on the list of best consumer staples stocks to buy according to analysts. It boasts a 15.40% analyst upside potential and has 54 hedge fund holders. The company focuses on margin improvement and expects growth in advertising spending in H2 2025.

The Clorox Company (NYSE:CLX) operates through four segments, including Household, Health and Wellness, Lifestyle, and International. It anticipates organic sales growth of 3-5% for the full fiscal year and has seen nine consecutive quarters of gross margin expansion. The company has a 3.3% dividend yield.

Consumer staples are seen as a safe haven during market volatility. The Clorox Company (NYSE:CLX) is confident in its advertising and product launches, with a strong brand portfolio. While CLX shows promise, AI stocks may offer greater returns in a shorter time frame, according to analysts.

Read more: Is Clorox Company (CLX) the Best Consumer Staples Stock to Buy According to Analysts?