Trade Idea
Enter Long - Ideal price is $76-77 but still a great buy at $78.
Stop Loss - $75.5
Profit Target - $83-85
Colgate-Palmolive waking up?
After a high of $85 in mid July, the stock has taken a punishment but this is temporary. This is a solid company with solid financials who is currently trading at 31.7% below estimated fair values. Earnings are forecasted to grow 4% per year. This stock also pays out a reliable dividend of 2.3%.
For the six months ended 30 June 2021,Colgate-Palmolive Company revenues increased 8% to $8.6B. Net income increased 3% to $1.38B. Revenues reflect Oral, Personal and Home Care segment increase of 6% to $7.02B, Pet Nutrition segment increase of 14% to $1.58B, Asia Pacific segment increase of 12% to $1.41B, Europe segment increase of 10% to $1.43B, Latin America segment increase of 7% to $1.81B.
Enter Long - Ideal price is $76-77 but still a great buy at $78.
Stop Loss - $75.5
Profit Target - $83-85
Colgate-Palmolive waking up?
After a high of $85 in mid July, the stock has taken a punishment but this is temporary. This is a solid company with solid financials who is currently trading at 31.7% below estimated fair values. Earnings are forecasted to grow 4% per year. This stock also pays out a reliable dividend of 2.3%.
For the six months ended 30 June 2021,Colgate-Palmolive Company revenues increased 8% to $8.6B. Net income increased 3% to $1.38B. Revenues reflect Oral, Personal and Home Care segment increase of 6% to $7.02B, Pet Nutrition segment increase of 14% to $1.58B, Asia Pacific segment increase of 12% to $1.41B, Europe segment increase of 10% to $1.43B, Latin America segment increase of 7% to $1.81B.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.