Colgate-Palmolive Company (CL) demonstrates a strong financial profile backed by overwhelming institutional interest, with these shareholders owning about
85% of the company, suggesting a solid vote of confidence in the firm's future. It is deemed an excellent investment, praised as one of the
best S&P 500 dividend stocks, and touted a top performer in the
skincare, cleaning materials, beauty, and consumer staples sectors. Positive stake changes have also been recorded from various investment firms, thereby boosting
CL's ownership. Despite this,
CL's shares have been found to trade
36% below their intrinsic value estimate. There were concerns about
CL's underperformance compared to the Dow, though it records
steady income and is viewed as a
safe long term stock. It's worth noting
Jim Cramer’s mixed stance on CL, arguing the fate of such stocks often depends on the cycle. The company has reported
strong Q3 growth and revised its 2024 outlook upwards.As part of its growth strategy,
Colgate's Hill's division made significant strides into the fresh category through a
strategic pet food acquisition.
Q4 revenue reports didn't meet expectations, resulting in a decrease in shares.
Colgate-Palmolive Company CL News Analytics from Wed, 11 Sep 2024 07:00:00 GMT to Sat, 08 Mar 2025 20:23:01 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 2
