Reported 10 days ago
Billionaire investor Ken Fisher has identified Colgate-Palmolive Company (CL) as one of his top defensive stock bets, alongside other resilient companies. Despite a slowdown in organic sales growth this year, Colgate-Palmolive has shown increased earnings and a strong track record in consumer products. Analysts remain optimistic, underscoring its ability to adapt to economic changes and its potential for future revenue growth, especially in the pet nutrition sector.
Source: YAHOO