New York-based Colgate-Palmolive Company (CL) manufactures and sells consumer products and is a global leader in the oral care hygiene market. Valued at a market cap of $71.1 billion, the company’s business is focused on four core categories: oral care, personal care, pet nutrition, and home care.
Shares of this oral care giant have massively lagged behind the broader market over the past 52 weeks. CL has gained 2.2% over this time frame, while the broader S&P 500 Index ($SPX) has soared 21.8%. Moreover, on a YTD basis, the stock is down nearly 4.9%, compared to SPX’s 2.7% rise.
