Kenvue Inc.’s stock has been rising, but financial prospects are Depressing
Most readers know that Kenvue’s stock increased 11% last month. We did, however, want to take a deeper look at its leading financial indicators because markets often pay for long-term fundamentals, which, in this case,e are not particularly encouraging. We will be paying close attention to Kenvue’s ROE today. Return on Equity, or ROE, measures…