Source item
Open original source ↗Someone dug this old gem up, so I checked the resulting outcome, 6+ years later.
The moral of the story is don't buy Clorox for 30x earnings and don't lend money to the government for a 0.6% yield.
If you do, you're gonna have a bad time. https://t.co/Slck68Kqx0
The "Ye Olde Clorox Bubble" of 2020.
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Quoted context
These are the quoted author’s words.
Clorox $CLX trades at nearly 30 times earnings and grows at a low single-digit growth rate per year. Dividend yield is 2.2%. Question: Would you rather buy and hold that for the next ten years, or a 10-year Treasury note yielding 0.6%? https://t.co/vVmGRqX1nE
LynAldenContact ↗