Jim Cramer on Colgate-Palmolive: “One of the Premier Consumer Packaged Goods”

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.”

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Disclosure: None. This article is originally published at Insider Monkey.