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

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.

Colgate-Palmolive Company ( CL) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.4%. By the end of trading, Colgate-Palmolive Company fell $0.81 (-1.4%) to $58.22 on light volume. Throughout the day, 1,960,654 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 3,252,100 shares. The stock ranged in price between $58.20-$59.25 after having opened the day at $59.08 as compared to the previous trading day's close of $59.03. Other companies within the Consumer Goods sector that declined today were: Furniture Brands International ( FBN), down 18.3%, Pilgrims Pride ( PPC), down 7.8%, Tyson Foods ( TSN), down 7.3% and Crown Crafts ( CRWS), down 7.0%.

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 $54.2 billion and is part of the consumer non-durables industry. Shares are up 12.9% year to date as of the close of trading on Friday. Currently there are 2 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 buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Castle Brands Incorporated ( ROX), up 19.4%, Mannatech ( MTEX), up 18.1%, Ever-Glory International Group ( EVK), up 7.1% and Amira Nature Foods ( ANFI), up 6.7% , were all gainers within the consumer goods sector with Owens-Illinois ( OI) being today's featured consumer goods sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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