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 0.9%. By the end of trading, Colgate-Palmolive Company rose $1.12 (1.7%) to $65.66 on average volume. Throughout the day, 2,386,664 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 3,015,100 shares. The stock ranged in a price between $65.09-$65.87 after having opened the day at $65.13 as compared to the previous trading day's close of $64.54. Other companies within the Consumer Goods sector that increased today were: China New Borun Corporation ( BORN), up 22.4%, Farmer Bros ( FARM), up 9.3%, Tandy Brands Accessories ( TBAC), up 7.7% and Verso Paper ( VRS), up 6.9%.

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 $60.2 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 27.0, above the S&P 500 P/E ratio of 17.7. Shares are up 23.5% year to date as of the close of trading on Thursday. Currently there are 5 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 growth in earnings per share. 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, Crumbs Bake Shop ( CRMB), down 6.3%, Forward Industries ( FORD), down 6.1%, Ever-Glory International Group ( EVK), down 5.2% and Herbalife ( HLF), down 4.7% , were all laggards within the consumer goods sector with Hanesbrands ( HBI) 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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