We recently published 11 stocks on Jim Cramer’s radar. Kimberly-Clark Corporation (NASDAQ:KMB) is one of the stocks on Jim Cramer’s radar.

Kimberly-Clark Corporation (NASDAQ:KMB) is one of America’s largest consumer goods companies. Its shares are down 23% over the past year and 1.4% since last year. Bank of America recently cut its price target on the company’s stock to $130 from $148 and maintained a buy rating. In its coverage, the bank commented that the Kimberly-Clark Corporation (NASDAQ:KMB) sector was experiencing value compression and the company’s turnaround plan was on track. Citi also cut its price target on the stock from $95 to $90 and maintained a sell rating. In terms of news, Kimberly-Clark Corporation (NASDAQ:KMB) has had a busy couple of days. The company and Kenvue shareholders approved the acquisition of the latter earlier this week, with 96% of Kimberly shareholders voting in favor. Kimberly-Clark Corporation (NASDAQ:KMB) also increased its quarterly dividend to $1.28 from $1.26 to mark the 54th consecutive increase. The dividend increase followed the company’s fourth-quarter earnings, which saw its adjusted earnings grow 24% year over year. Cramer tweeted about Kimberly-Clark Corporation’s (NASDAQ:KMB) dividend:

“UPS and KMB together form part of a safe dividend portfolio”

Copyright: citalliance / 123RF Stock Photo

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Disclosure: no. This article is originally published in Monkey Insider.