jim cramer said that people should buy clorox because their ceo, linda rendle, did a great job running the company. clorox had good earnings and sales numbers for the last quarter. also, jim cramer said he likes buying stocks from companies that have a good business strategy and a strong ceo leading them. Read from source...
in the article titled `Jim Cramer Recommends Buying Clorox: 'CEO Has Done Remarkable Job'`, Jim Cramer recommended buying Clorox despite the CEO not being delivered a good hand. Additionally, the quarterly earnings of $1.82 per share, which beat the analyst consensus estimate of $1.56, were overlooked in favor of the CEO's performance. Furthermore, Cramer praised Clorox despite missing the analyst consensus estimate by 2.46% in quarterly sales. Overall, the article lacked impartiality and rational analysis.
Based on the article titled `Jim Cramer Recommends Buying Clorox: 'CEO Has Done Remarkable Job'`, it is recommended to buy Clorox shares as the CEO has done a remarkable job. However, the quarterly sales of Clorox missed the analyst consensus estimate by 2.46%. Therefore, investors should be cautious and consider the risks associated with this recommendation before investing. Additionally, it is not recommended to buy airlines, specifically Delta Air Lines, as they are expected to have a direct revenue impact of $380 million for the September quarter due to flight cancellations and customer compensation.