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

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 0.4%. By the end of trading, Colgate-Palmolive Company rose $1.05 (1.8%) to $60.39 on average volume. Throughout the day, 2,672,293 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 2,833,500 shares. The stock ranged in a price between $59.49-$60.41 after having opened the day at $59.63 as compared to the previous trading day's close of $59.34. Other companies within the Consumer Goods sector that increased today were: Castle Brands Incorporated ( ROX), up 12.9%, Diamond Foods ( DMND), up 11.0%, Fabrinet ( FN), up 10.4% and Fifth & Pacific Companies ( FNP), up 6.8%.

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 $55.5 billion and is part of the consumer non-durables industry. Shares are up 14.5% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Colgate-Palmolive Company a buy, 1 analyst rates it a sell, and 12 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 negative front, Westport Innovations ( WPRT), down 8.7%, SGOCO Group ( SGOC), down 8.2%, Berry Plastics Group ( BERY), down 5.4% and Lifetime Brands ( LCUT), down 4.7% , were all laggards within the consumer goods sector with SodaStream International ( SODA) 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).

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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