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Colgate-Palmolive: One step ahead of the recession, one step ahead of the recovery

 Oct 30, 2009 08:00 PM UTC
Return Risk
+1.98% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
CL n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: Colgate-Palmolive (CL), Stocks to Buy

Lean, experienced Colgate-Palmolive (NYSE: CL) has weathered the recession in good shape, hence it goes without saying that I'm Reiterating my Buy rating for the company, first recommended on April 13, 2009 at a price of $58.49. If you bought in April, you're up 36%.

Colgate, an assertive-defensive play, stayed one step ahead of the downturn - closing about one-third of its factories, trimming excess marketing spending, and focusing on products in stronger-growth markets.

Continue reading Colgate-Palmolive: One step ahead of the recession, one step ahead of the recovery

Colgate-Palmolive: One step ahead of the recession, one step ahead of the recovery originally appeared on BloggingStocks on Fri, 30 Oct 2009 15:00:00 EST. Please see our terms for use of feeds.

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