Recent news on
Colgate-Palmolive Company (CL) indicates a mixed bag of results and projections. The company displays
strength in a diverse dividend portfolio and is labeled one of the
top Soaps and Cleaning Materials stocks to invest in. Institutional support remains strong, with
85% ownership. Some investors are increasing their holdings in CL, like
Impact Partnership Wealth LLC, Exchange Traded Concepts LLC and others. However, some assets management companies like
Chemung Canal Trust Co., Cyndeo Wealth Partners LLC are reducing their stake. Despite some pressure, the company shows signs of steady growth with a
46% return over five years. Speculation alludes to potential weakness, suggested by insiders selling USD 3.5M in stock. Its
Q3 Growth remains strong, with revisions to the 2024 outlook.
Jim Cramer maintains a bullish stance on CL. The company is also considered a sound defensive stock. Their earnings are expected to grow, presenting an opportunity. Even with this, there remains a call for caution from
Wells Fargo with a pessimistic forecast.
Colgate-Palmolive Company CL News Analytics from Fri, 26 Jul 2024 07:00:00 GMT to Sat, 25 Jan 2025 13:57:04 GMT -
Rating 2
- Innovation 1
- Information 6
- Rumor 3
