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Barchart
Sohini Mondal

Is Colgate-Palmolive Stock Underperforming the Nasdaq?

With a market cap of around $77 billion, New York-based Colgate-Palmolive Company (CL) is a global leader in the oral care and hygiene market, producing and distributing household, healthcare, and personal care products. Its business is structured into two segments: Oral, Personal, and Home Care, which includes brands like Colgate, Palmolive, and Softsoap; and Pet Nutrition, managed under Hill's Pet Nutrition. 

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Colgate-Palmolive fits this criterion perfectly. CL focuses on innovation in core categories, exploring growth in adjacent markets, and expanding into new channels, emphasizing its Naturals range to meet rising consumer demand for organic ingredients. It markets its products worldwide through traditional and eCommerce retailers, veterinarians, and wholesalers.

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