Colgate-Palmolive Company (CL): Today's Featured Consumer Non-Durables 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 Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day down 2.0%. By the end of trading, Colgate-Palmolive Company fell $1.05 (-1.7%) to $62.39 on heavy volume. Throughout the day, 5,429,407 shares of Colgate-Palmolive Company exchanged hands as compared to its average daily volume of 2,784,200 shares. The stock ranged in price between $62.39-$63.95 after having opened the day at $63.39 as compared to the previous trading day's close of $63.44. Other companies within the Consumer Non-Durables industry that declined today were: Herbalife ( HLF), down 8.9%, China Shengda Packaging Group ( CPGI), down 8.0%, Tupperware Brands Corporation ( TUP), down 7.7% and Ever-Glory International Group ( EVK), down 7.3%.

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 $59.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 26.6, above the S&P 500 P/E ratio of 17.7. Shares are down 2.7% year to date as of the close of trading on Thursday. Currently there are 4 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 positive front, Verso Paper ( VRS), up 7.8%, Coldwater Creek ( CWTR), up 7.2%, Forward Industries ( FORD), up 5.0% and Kimberly-Clark Corporation ( KMB), up 1.9% , were all gainers within the consumer non-durables industry with Procter & Gamble ( PG) being today's featured consumer non-durables industry leader.

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).

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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