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StockNews.com
StockNews.com
Business
Anushka Dutta

Kimberly-Clark vs. Colgate-Palmolive: Which Consumer Defensive Stock is a Better Buy?

CL KMB Kimberly-Clark

New York City-based Colgate-Palmolive Company (CL) operates as a manufacturer and seller of consumer products worldwide. The company operates through the Oral; Personal; Home Care; and Pet Nutrition segments. In comparison,  Kimberly-Clark Corporation (KMB), which is also based in New York City, is a global manufacturer and marketer of personal care and consumer tissue products. The company operates through Personal Care; Consumer Tissue; and K-C Professional segments.

Although stock moved slightly higher on Tuesday,, the stock market closed down in  its last session yesterday, amid investors’ concerns over the Russia-Ukraine war and the anticipated Fed’s rate increases this week. The S&P 500 and the tech-heavy Nasdaq fell on Monday, while the Dow closed flat.

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