Colgate-Palmolive Company (CL): Today's Featured Consumer Goods Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Colgate-Palmolive Company ( CL) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.5%. By the end of trading, Colgate-Palmolive Company rose $0.82 (1.4%) to $59.64 on average volume. Throughout the day, 3,678,049 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 2,992,900 shares. The stock ranged in a price between $59.03-$59.92 after having opened the day at $59.10 as compared to the previous trading day's close of $58.82. Other companies within the Consumer Goods sector that increased today were: Tianli Agritech ( OINK), up 30.5%, Global-Tech Advanced Innovations ( GAI), up 11.2%, iRobot Corporation ( IRBT), up 8.0% and Xerium Technologies ( XRM), up 7.4%.
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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 non-durables industry. The company has a P/E ratio of 24.0, above the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Colgate-Palmolive Company a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Colgate-Palmolive Company as a buy. 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.

On the negative front, SGOCO Group ( SGOC), down 14.5%, Leading Brands ( LBIX), down 7.9%, Coldwater Creek ( CWTR), down 7.2% and Cobra Electronics Corporation ( COBR), down 6.6% , were all laggards within the consumer goods sector with Dana ( DAN) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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