CNBC Investing Club Adds Kimberly-Clark and CVS Health to Bullpen

According to CNBC, the CNBC Investing Club with Jim Cramer added Kimberly-Clark and CVS Health to its bullpen as stocks slid Tuesday on higher oil prices and bond yields. U.S. oil benchmark WTI crude rose to $90 per barrel and the 10-year Treasury yield reached its highest level since January 2025 after U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran. The club said it prefers Kimberly-Clark because of the pending acquisition of Kenvue, the consumer health company and former Johnson & Johnson division, and noted that Kimberly-Clark trades at 14 times earnings estimates with a 4.77% dividend yield. It also said CVS Health has benefited from leadership under David Joyner, Rite Aid's exit from the market and Walgreens' store closures. CVS reported adjusted earnings of $2.58 a share versus analyst estimates of $1.85, but shares fell after management said $8.44 would be the earnings-per-share floor for 2027, implying 13% year-over-year growth on an adjusted baseline of $7.46 in 2026. The club also said Palo Alto Networks and Dell Technologies are due to report earnings, and Brown-Forman will report before Wednesday's opening bell.