Here’s Why Colgate-Palmolive Is A Strong Consumer Bet
- Monday, December 27, 2021, 7:29
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We think that Colgate-Palmolive currently is a better pick compared to Procter & Gamble. CL stock trades at 4x trailing revenues, less than that of PG, whose P/S multiple stands at 5x. Does this gap in the companies’ valuations make sense? We don’t think so, and we expect CL to close this gap…
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