Colgate-Palmolive Company (NYSE:CL) is one of the stocks Jim Cramer shared insights on. Cramer noted that it is “rare” that he sees the stock at this low level. He said:
“Or how about Colgate-Palmolive, often considered one of the premier consumer packaged goods companies? You can buy that stock now at the 52-week low and ride that 2.5% yield. It is so rare that I see that stock go this low.”
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Colgate-Palmolive Company (NYSE:CL) produces consumer goods across oral care, personal care, home care, and pet nutrition. Cramer mentioned the stock in an August episode. He 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.”
While we acknowledge the potential of CL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
