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Barchart
Barchart
Subhasree Kar

This Blue-Chip Dividend Stock Just Hit a New 52-Week Low. Should You Buy the Dip?

When a storied blue-chip stock like Colgate-Palmolive (CL) suddenly plunges to a new 52-week low, alarm bells ring, but some also see an opportunity. CL stock reached a low of $76.68 on Oct. 13, having shed much of the premium it once commanded.

With its hallmark brand strength, decades of dividend consistency, and resilient cash flows, is this capitulation a warning sign for Colgae-Palmolive? Or is it a chance for investors to “buy the dip” in a high-quality income name at a discounted entry point?

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