Colgate-Palmolive: Improved Financials To Navigate Headwinds (Rating Upgrade)

Brian Logan Overview With the current high inflationary environment, we are seeing a ton of companies tightening down on spending and implementing different cost-saving initiatives because of slowing sales volume. However, Colgate-Palmolive (NYSE:CL) has been steadily growing revenues and managing the challenging economic environment quite well. The last earnings were strong, the dividend was recently increased, and the price movement has outpaced the S&P 500 (SPY). I previously covered Colgate back in Sept ...