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

Colgate-Palmolive Company ( CL) 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 0.4%. By the end of trading, Colgate-Palmolive Company rose $0.72 (1.2%) to $58.58 on light volume. Throughout the day, 2,432,052 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 3,250,200 shares. The stock ranged in a price between $57.98-$58.64 after having opened the day at $58.00 as compared to the previous trading day's close of $57.86. Other companies within the Consumer Non-Durables industry that increased today were: China Shengda Packaging Group ( CPGI), up 7.4%, Summer Infant ( SUMR), up 6.2%, Lululemon Athletica ( LULU), up 3.8% and Swisher Hygiene ( SWSH), up 3.4%.

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 $53.9 billion and is part of the consumer goods sector. Shares are up 10.7% 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 14 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, Tandy Brands Accessories ( TBAC), down 7.0%, Standard Register Company ( SR), down 6.2%, Orient Paper ( ONP), down 4.3% and Delta Apparel ( DLA), down 3.7%.

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 ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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