Sell Colgate Palmolive
Very high valuation
Industry PE is 48 and company is currently trading at 55
Growth rate of the sector has come down & same for the company.
technically, the stock is showing good numbers but we feel the stock can reverse its direction anytime.
although, company has been giving dividend of 27 last year and will do it future.
Very high valuation
Industry PE is 48 and company is currently trading at 55
Growth rate of the sector has come down & same for the company.
technically, the stock is showing good numbers but we feel the stock can reverse its direction anytime.
although, company has been giving dividend of 27 last year and will do it future.
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