Clorox Stock Rides An 8-Day Winning Streak To A 21% Gain
Shares of Clorox (CLX) have closed higher in each of the last 8 sessions, a cumulative gain of 21.4%. That added about $2.3 billion to the company’s market value, which now stands at about $13.0 billion. The stock closed at $106.86 on Wednesday, November 11, 12.7% below its 52-week high of $122.35 and 34.8% above its low of $79.26.
CLX Versus The S&P 500
Returns for CLX and the S&P 500 over the streak and the periods around it, all ending Wednesday, November 11 and including dividends:
| Return Period | CLX | S&P 500 |
|---|---|---|
| 1 Day | 0.2% | 1.3% |
| 8 Days (Current Streak) | 21.4% | 0.5% |
| 1 Month (21 Trading Days) | 28.4% | -2.3% |
| 3 Months (63 Trading Days) | 1.8% | -2.0% |
| Year To Date | 11.4% | 12.4% |
| 1 Year (252 Trading Days) | 7.3% | 12.8% |
A Stock-Specific Run, Or A Market Move?
The market explains little of this: the S&P 500 gained 0.5% over the same 8 sessions, including dividends, against Clorox’s +21.4%. No other S&P 500 stock is currently on a winning streak of 8 days or longer. Over the past three months the stock is up 1.8%, a window that includes the streak; over the other 55 sessions of that window it was down 16.2%.
Do The Fundamentals Support The Run?
On the fundamentals, revenue grew 6.3% over the last twelve months, against a median of 5.4% for S&P 500 Consumer Staples stocks; its operating margin is 14.1%, versus a median of 14.9%; and the stock trades at 19.2 times trailing earnings against a median of 22.6. The read is mixed: revenue growth above the median and a multiple below the median on one side, margins below the median on the other.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
Streaks End. Discipline Compounds
A run like this is genuinely useful information: something about this business has the market’s full attention. But streaks are where discipline gets tested, because the urge to chase strength is strongest right before it pauses.
The Trefis High Quality (HQ) Portfolio channels that urge into a system: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules rather than excitement. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Enjoy the streak; own the process.