Colgate-Palmolive stock had its Relative Strength (RS) Rating upgraded from 67 to 72 Wednesday -- a welcome improvement, but still below the 80 or higher score you look for.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks often have an RS Rating of at least 80 as they begin their biggest price moves. See if Colgate-Palmolive stock can continue to rebound and hit that benchmark.
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Is Colgate-Palmolive Stock A Buy?
Colgate-Palmolive stock is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could launch a new move. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The consumer staples company showed 13% EPS growth in the latest quarterly report, while sales growth came in at 7%.
Colgate-Palmolive stock earns the No. 6 rank among its peers in the Cosmetics/Personal Care industry group. Inter Parfums and FitLife Brands are also among the group's highest-rated stocks.
