New York-based Colgate-Palmolive Company (CL) is a global leader in the oral hygiene market. It produces and distributions household, healthcare and personal care products. With a market cap of $74.5 billion, Colgate operates through Oral, Personal & Home Care and Pet Nutrition segments.
Companies worth $10 billion or more are generally described as 'large-cap stocks,' Colgate fits this bill perfectly. Given the company’s centuries-old history, extensive customer base, and world-renowned brand name, its valuation above this mark is unsurprising.
