Colgate-Palmolive Company (NYSE:CL) is one of the stocks on Jim Cramer’s radar. A caller highlighted that the stock seems to be going down despite reaffirming its guidance. Cramer remarked:
“The best one in the group, by the way, is Kimberly. Mike Hsu did an amazing job. Kimberly is the right one. Now I will say this, I thought the Colgate quarter was darn good. I like the Hill’s. I think Total’s doing amazingly well. I don’t understand why it’s acting the worst of all of them. Maybe it’s because of the high multiple, but I would not abort. I would not leave Colgate right here. I just can’t. But boy, that’s, that’s it. Noel Wallace, come on the show. I know you don’t like media, but you know this is the right place to go.”
Stock market data. Photo by Photo by Alesia Kozik
Colgate-Palmolive (NYSE:CL) produces oral care, personal care, home cleaning, and skin health products under brands like Colgate, Palmolive, Irish Spring, and Softsoap. In addition, the company provides pet nutrition products through Hill’s Science Diet and Hill’s Prescription Diet.
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Disclosure: None. This article is originally published at Insider Monkey.