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