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Is Colgate-Palmolive Company (CL) A Good Stock To Buy Now?

Is CL a good stock to buy? We came across a bullish thesis on Colgate-Palmolive Company on Investing Lawyer’s Substack. In this article, we will summarize the bulls’ thesis on CL. Colgate-Palmolive Company's share was trading at $84.17 as of April 27th. CL’s trailing and forward P/E were 32.00 and 21.60 respectively according to Yahoo Finance.

Colgate-Palmolive Company operates across oral care, personal care, and household products, anchored by globally recognized brands such as Colgate toothpaste and Palmolive soap, positioning it as a quintessential defensive consumer staples...