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WDFCBullishStock Picksnews
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Buy WD-40 Stock. It’s Ready to Put a Bad Quarter Behind It. - Barron's

Jul 9, 2024, 10:26 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

WD-40, founded in 1953, known for its multipurpose product. Strong brand awareness at 98%, doesn't need advertising. Stock price has been down 6% in 2024, trading at 40 times forward earnings. Consistent earnings growth, thin analyst coverage, potential buying opportunity. Company returning cash to shareholders, bullish analyst sees potential 40% increase.

  • WD-40, founded in 1953, known for its multipurpose product.
  • Strong brand awareness at 98%, doesn't need advertising.
  • Stock price has been down 6% in 2024, trading at 40 times forward earnings.
  • Consistent earnings growth, thin analyst coverage, potential buying opportunity.
  • Company returning cash to shareholders, bullish analyst sees potential 40% increase.

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