Colgate-Palmolive Co (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 ( CL) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.3%. By the end of trading, Colgate-Palmolive rose $1.62 (2.5%) to $67.86 on average volume. Throughout the day, 4,501,474 shares of Colgate-Palmolive exchanged hands as compared to its average daily volume of 3,634,800 shares. The stock ranged in a price between $66.58-$67.95 after having opened the day at $66.66 as compared to the previous trading day's close of $66.24. Other companies within the Consumer Goods sector that increased today were: Global-Tech Advanced Innovations ( GAI), up 8.1%, DS Healthcare Group ( DSKX), up 5.3%, Cresud ( CRESY), up 5.2% and SodaStream International ( SODA), up 5.0%.

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 has a market cap of $60.9 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 1.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Colgate-Palmolive a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Colgate-Palmolive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Supreme Industries ( STS), down 15.1%, Tianli Agritech ( OINK), down 8.2%, Virco Manufacturing ( VIRC), down 8.2% and Quantum Fuel Systems Technologies Worldwide ( QTWW), down 7.6% , were all laggards within the consumer goods sector with Polaris Industries ( PII) 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).

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