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Piper Sandler Reaffirms Overweight on Colgate-Palmolive, Sees 18% Upside Post CEO Meeting

Colgate-Palmolive Company (NYSE:CL) is one of the Best Stagflation Stocks to Buy Now. On May 28, Piper Sandler reiterated its Overweight rating on Colgate-Palmolive (NYSE: CL) and held its price target at $109, implying roughly 18% upside from current trading levels. The reaffirmation followed a private meeting with CEO Noel Wallace and Investor Relations head John Faucher, which gave the firm a closer look at the company’s strategic footing.

The conversation focused heavily on how Colgate is steering through the current tariff dynamics, a situation the firm believes the company is handling efficiently and with minimal disruption. Piper Sandler described Colgate as one of the more stable names within its consumer staples coverage, citing its global footprint and shareholder-focused philosophy as core strengths.

The analysts came away with increased confidence in Colgate’s ability to manage international complexity, maintain consistent performance, and stay aligned with its long-standing emphasis on value creation. That blend of steadiness and strategic agility is what continues to anchor their bullish view on the stock.

Colgate-Palmolive Company (NYSE:CL) is a global consumer goods leader specializing in oral care, personal hygiene, and pet nutrition. With iconic brands like Colgate, Palmolive, Tom’s of Maine, and Hill’s Science Diet, its products remain essential even during economic slowdowns, cementing its status as a defensive staple.

While we acknowledge the potential of CL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

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