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Bullish Case: CLX's recent divestiture strategy and analysts' mixed but slightly rising average target price reveal potential for a leaner, more focused business poised for upside.


Bearish Case: Despite some positive analyst sentiment, CLX's high price-to-book ratio and lingering impacts from cyberattacks create skepticism about near-term growth.


Potential Outcomes: Recovery from cyberattacks, resumption of growth (40%). Continued operational challenges and cyber risks, leading to stagnant returns (40%). Unexpected positive catalysts driving significant upside (20%).


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March 27, 2024


Clorox Forecast

CLX        Clorox
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CLX



LVS Forecast + Options Trading Strategies   [LVS]  Las Vegas Sands (0.89)


SILK Forecast + Options Trading Strategies   [SILK]  Silk Road Medical (0.89)


BMEA Forecast + Options Trading Strategies   [BMEA]  Biomea Fusion (0.87)


EL Forecast + Options Trading Strategies   [EL]  Estee Lauder Cos. (0.86)


HOLX Forecast + Options Trading Strategies   [HOLX]  Hologic (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to CLX



BITF Forecast + Options Trading Strategies   [BITF]  Bitfarms (-0.0)


CRI Forecast + Options Trading Strategies   [CRI]  Carters (-0.0)


BHP Forecast + Options Trading Strategies   [BHP]  BHP Group Limited (0.0)


SMAR Forecast + Options Trading Strategies   [SMAR]  Smartsheet (-0.0)


AX Forecast + Options Trading Strategies   [AX]  Axos Financial (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CLX



IONS Forecast + Options Trading Strategies   [IONS]  Ionis Pharmaceuticals (-0.73)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.73)


CRS Forecast + Options Trading Strategies   [CRS]  Carpenter Technology (-0.74)


LNG Forecast + Options Trading Strategies   [LNG]  Cheniere Energy (-0.76)


UUUU Forecast + Options Trading Strategies   [UUUU]  Energy Fuels (-0.77)





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