In the recent news, the **Colgate-Palmolive Company (CL)** has been a point of discussion among several investors. Jim Cramer noted the possibility of packaged goods stocks like **CL** taking a turn based on the market cycle. According to earnings reports, and investment actions, **Klingenstein Fields & Co. LP, Asset Management One Co. Ltd., Yacktman Asset Management LP, Allspring Global Investments Holdings LLC, Stratos Wealth Partners LTD., and NatWest Group plc** have all reduced their holdings in the company, however others, like **Chevy Chase Trust Holdings LLC, Vontobel Holding Ltd., and Leo Wealth LLC** have increased theirs. After a surprisingly flat forecast, certain hedge funds view it as a strong long-term investment, while **Argus** has adjusted their price target on **CL** from $112 to $104. The company has surpassed strategic goals, and while some consider it a strong defensive stock, it is facing pressure as a 'safe stock'. Additionally, **CL** has reportedly had a **31% return** over the **last five years**, is surpassing strategic goals, and is called one of the best soaps and materials stocks to invest in.
Colgate-Palmolive Company CL News Analytics from Wed, 11 Sep 2024 07:00:00 GMT to Sat, 15 Feb 2025 12:40:02 GMT -
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