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Look for Kimberly-Clark to ride the emerging market wave

A global economy on the mend means better days are ahead for Kimberly-Clark Corp. (NYSE: KMB), hence I'm reiterating my Buy rating for the company, first recommended on June 22, 2009 at a price of $51.06. If you bought KMB's shares then, you're up about 16%.

Evidence is mounting that the global economy, particularly in emerging markets, is starting to gain traction, and global consumer products giant Kimberly, with a presence in more than 150 countries, is poised to benefit. Institutional Investors have sensed this, and have bid-up KMB's shares since March.

Continue reading Look for Kimberly-Clark to ride the emerging market wave

Liveblogging Microsoft's Steve Ballmer at Strategic Decisions Conference

8:02 a.m. As I wrote yesterday, Strategic Decision #1: Steve Ballmer's decision to speak today, "directly to investors." He'll be answering questions from the little guy and the question on everyone's lips: will he be defensive?

8:04 a.m. Ballmer wants to speak about the business from both the perspective of an investor and a manager, and he promises not to yell at the audience. Heh. He starts out by saying that the next 10 years has as much potential for world-changing strides in computers and software as the last 10 years, and he's excited to be part of a company which "invests, profits from, and takes advantage of the incredible opportunity there is to innovate."

8:06 a.m. The thing that will change in the next 10 years? Digital writing. "Pencil and paper will be replaced by superior technology that is digital. And somebody will have the ability to benefit from that technology." He already sounds both (a) angry and (b) frantic. Maybe it's just his thang.

Continue reading Liveblogging Microsoft's Steve Ballmer at Strategic Decisions Conference

Symbol Lookup
IndexesChangePrice
DJIA-9.2210,441.73
NASDAQ-6.672,169.34
S&P 500-0.211,106.03

Last updated: November 24, 2009: 03:28 PM

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