Pros and Cons of Investing in Colgate-Palmolive

PHOTO CREDIT: Colgate-Palmolive

OVERVIEW

Colgate-Palmolive Company is a company based in the United States. The company designs, manufactures, and sells consumer personal care products and pet nutrition supplies in countries around the world. The company operates under the Colgate, Palmolive, Hill’s Pet Food, and many others. The company was founded in 1806.

PROS:

  1. Colgate-Palmolive is a great reopening play in an investor’s portfolio. The company will see a rise in demand for some of their personal care products as well as other commercial products as the economy reopens and as people go out once again. This will benefit the company’s sales and recovery. This will also benefit investors.
PHOTO CREDIT: Yahoo Finance

CONS:

  1. The company faces tough competition in the personal care industry. Some of these competitors include Procter and Gamble, Nestle, Unilever, and many others. This competition might hurt the company and its investors in the future.

MY OPINION

I think that Colgate-Palmolive is a great long-term play due to its position as a good reopening play, its position as a recession-proof investment, a wide range of products, as well as rising revenues and profits. However, tough competition, negative impacts from the pandemic, as well as inflation might hurt the company and its investors.