New York-based Colgate-Palmolive Company (CL) is a global leader in the oral care hygiene market. It produces and distributes household, healthcare, and personal care products. With a market cap of $76.3 billion, it operates through the Oral, Personal & Home Care and Pet Nutrition segments.
The oral hygiene giant has lagged behind the broader market over the past year. Despite surging 18.1% on a YTD basis and 25.8% over the past 52 weeks, Colgate has lagged behind the S&P 500 Index’s ($SPX) around 20% gains in 2024 and 31.3% returns over the past year.
