
Oakland, California-based The Clorox Company (CLX) manufactures and markets consumer and professional products. It operates through Health and Wellness, Household, Lifestyle, and International segments. With a market cap of $17.5 billion, Clorox’s portfolio consists of diverse brands sold in more than 100 countries and nearly every region of the world.
Companies worth $10 billion or more are generally described as "large-cap stocks," Clorox fits this bill perfectly. Given its extensive operations and strong brand portfolio, Clorox’s valuation above this mark is unsurprising.