Jim Cramer praised Colgate-Palmolive Company’s recent earnings report, highlighting its better-than-expected quarter and organic growth. The company’s shares have performed well, with Barclays and Jefferies raising price targets, though Barclays noted potential challenges in maintaining past price growth momentum in emerging markets. While acknowledging Colgate’s potential, the article suggests that some AI stocks may offer higher returns with limited downside risk.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Colgate (CL) Had Great Growth, Says Jim Cramer
Jim Cramer praised Colgate-Palmolive Company’s recent earnings report, highlighting its better-than-expected quarter and organic growth. The company’s shares have performed well, with Barclays and Jefferies raising price targets, though Barclays noted potential challenges in maintaining past price growth momentum in emerging markets. While acknowledging Colgate’s potential, the article suggests that some AI stocks may offer higher returns with limited downside risk.