Colgate-Palmolive Company (CL): Today's Featured Consumer Non-Durables Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.7%. By the end of trading, Colgate-Palmolive Company rose $1.15 (2.0%) to $59.62 on average volume. Throughout the day, 4,537,370 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 3,196,500 shares. The stock ranged in a price between $58.50-$59.90 after having opened the day at $58.70 as compared to the previous trading day's close of $58.47. Other companies within the Consumer Non-Durables industry that increased today were:
(
), up 12.2%,
Northern Technologies International
(
), up 8.6%,
(
), up 6.3% and
(
), up 6.2%.
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. The company operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. Colgate-Palmolive Company has a market cap of $54.5 billion and is part of the consumer goods sector. Shares are up 11.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Colgate-Palmolive Company a buy, 1 analyst rates it a sell, and 13 rate it a hold.
TheStreet Ratings rates
Colgate-Palmolive Company
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Colgate-Palmolive Company Ratings Report.
On the negative front,
(
), down 20.2%,
(
), down 8.2%,
(
), down 3.0% and
(
), down 3.0% , were all laggards within the consumer non-durables industry with
(
) being today's consumer non-durables industry laggard.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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