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Fly News Breaks for December 31, 2015
CLX
Dec 31, 2015 | 07:41 EDT
After Argentina devalued its currency by 30%, Sterne Agee CRT thinks that Clorox's stock could be weak, driven by worries about emerging markets and foreign exchange pressures. However, the firm thinks the company will benefit from lower commodity costs and stronger consumers in developed markets. It recommends buying the stock on weakness closer to its earnings report.
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