Colgate-Palmolive Company (NYSE:CL) was mentioned during the recent episode of Mad Money on May 14, and here’s what Mad Money’s host had to say: “I've always believed that there are two consumer packaged goods companies that make a ton of sense whenever they go down, and that's Procter & Gamble and Colgate… Colgate's worse. Again, two points from its low, more than 20 points from its high, with amazing toothpaste and pet food businesses among so many others, but it only yields 2.37%. So why can't you buy it here? It could go lower. How does it bottom?”Jim Cramer Says Colgate-Palmolive "Could Go Lower" An array of toothpaste, toothbrushes, and mouthwashes on a bright background, highlighting the company's oral care products. Colgate-Palmolive (NYSE:CL) produces a variety of consumer goods focused on personal care, home care, and pet nutrition. The company’s products are sold under several well-known brands and include items for daily use and specialized health needs. 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: Jim Cramer Put These 8 Stocks Under a Microscope Recently and Jim Cramer Commented on These 6 Natural Gas Players Disclosure: None. View Comments
Jim Cramer Says Colgate-Palmolive “Could Go Lower”
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