12 Best FMCG Stocks To Buy According to Hedge Funds

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8. Kimberly-Clark Corporation (NYSE:KMB)

Number of Hedge Fund Holders: 45

Kimberly-Clark Corporation (NYSE:KMB) is an international company that makes and sells various consumer staple products. Their product portfolio ranges from personal care products like diapers (Huggies), baby wipes, feminine hygiene products (Kotex), and adult incontinence care products (Depend), to professional products like wipes, tissues, towels, soaps, and sanitizers for businesses.

On January 30, Lauren Lieberman of Barclays raised the price target on the stock from $132 to $139 while keeping an Equal Weight rating. The firm believes the strategy of Kimberly-Clark Corporation (NYSE:KMB) shows signs of benefits for the company. Management recently released full-year results for 2024. The year marked a significant year for the company as it launched its multi-year “Powering Care” transformation strategy. This strategy aims to drive innovation-led growth and improve organizational efficiency. During the quarter the company delivered organic sales growth of 2.3%, driven by increased volumes, while reporting a rise of 2.1% in operating profits. It is one of the best FMCG stocks to buy according to hedge funds.

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