Kimberly-Clark
KMB
KMB stock has seen a decline of 10% from levels of $135 in early January 2021 to around $120 now, vs. an increase of about 10% for the S&P 500 over this roughly three-year period. However, the decrease in KMB stock has been far from consistent. Returns for the stock were 6% in 2021, -5% in 2022, and -12% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 9% in 2023 – indicating that KMB underperformed the S&P in 2021 and 2023. In fact, consistently beating the S&P 500 – in good times and bad – has been difficult over recent years for individual stocks; for heavyweights in the Consumer Staples sector, including WMT, PG, and COST, and even for the megacap stars GOOG, TSLA, and MSFT.
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