The Colgate-Palmolive Company (CL) looks
set to record strong growth, given its successful product innovations
and restructuring initiatives. Emerging markets remain a key driver for
future growth, and the company is spending heavily on marketing and
advertisement to edge out competitors in these regions. Bidness Etc
rates the stock a buy, but recommends that investors wait for dips,
given the company’s high current valuation. In this piece, we will
explore why the stock deserves that rating, and discuss possible
triggers investors should keep an eye out for.
Colgate is classified in the US Household Products Industry. It is one of the largest players in the global household products industry, contributing 7.3%* to total worldwide revenues. Its primary competitors include The Procter & Gamble Company (PG), Kimberly-Clark Corporation (KMB) and The Clorox Company (CLX). Read more.
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