Here is Why Growth Investors Should Buy Colgate-Palmolive (CL) Now

Core Insights - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Colgate-Palmolive identified as a strong candidate due to its favorable Growth Score and Zacks Rank [1][6] Group 1: Earnings Growth - Colgate-Palmolive's historical EPS growth rate is 2.1%, but projected EPS growth for this year is 9.3%, surpassing the industry average of 9.2% [3] Group 2: Asset Utilization Ratio - The company's asset utilization ratio (sales-to-total-assets) stands at 1.21, indicating that it generates $1.21 in sales for every dollar in assets, compared to the industry average of 0.95 [4] - Colgate-Palmolive's sales are expected to grow by 3.9% this year, outpacing the industry average of 2.2% [4] Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Colgate-Palmolive, with the Zacks Consensus Estimate for the current year increasing by 0.2% over the past month [5] Group 4: Overall Assessment - Colgate-Palmolive has achieved a Growth Score of A and holds a Zacks Rank of 2, indicating it is a solid choice for growth investors [6][7]