Colgate (CL) Had Great Growth, Says Jim Cramer

Colgate-Palmolive Company (NYSE:CL) is 1 of the biggest user goods firms successful the world. Its shares are up by 8.8% implicit the past twelvemonth and by 22.9% year-to-date. Barclays discussed the steadfast successful February arsenic it raised the stock terms people to $88 from $83 and kept an Equal Weight rating. The concern slope pointed retired that portion Colgate-Palmolive Company (NYSE:CL) could accelerate its maturation successful 2026, the steadfast could find it hard to make comparable tailwinds from terms maturation successful emerging markets arsenic it had done truthful successful the past. Colgate-Palmolive Company (NYSE:CL)’s fiscal 4th fourth net saw the steadfast study $5.2 cardinal successful revenue, which was higher than the $5.13 cardinal successful expert estimates. The firm’s $0.95 successful adjusted net per stock besides bushed the estimates of $0.91. Jefferies besides discussed Colgate-Palmolive Company (NYSE:CL) successful February, arsenic it hiked the stock terms people to $91 from $85 and kept a Hold standing connected the stock. Cramer praised the net release:

Photo from Colgate website

“Colgate had a amended than expected quarter, they had amended than expected integrated growth.”

While we admit the imaginable of CL arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.