Rite Aid (RAD) surges 30% higher as merger chances improve >>> READ MORE

4 Consumer Stocks to Buy Before They Move Higher

These four consumer stocks are set to pop

      View All  

Consumer Stocks to Buy: Church & Dwight Co., Inc. (CHD)

Consumer Stocks to Buy: Church & Dwight Co., Inc. (CHD)

Colgate-Palmolive Company (NYSE:CL) shares look ready to lift up and out of a two-month consolidation range, which in turn, is part of a larger consolidation range going back to last summer. This comes as CL shares have been unable to take the $75-a-share level on.

After reporting tepid results back in January, management unveiled a plan to boost results via increased advertising spending, which along with U.S. dollar strength, was anticipated to result in low-single-digit EPS growth in 2017.

CL will next report results on April 28 before the bell. Analysts are looking for earnings of 66 cents per share on revenues of $3.8 billion.

Next Page


Article printed from InvestorPlace Media, http://investorplace.com/2017/03/4-consumer-stocks-stocks-to-buy-move-higher-ko-cl-chd-el/.

©2017 InvestorPlace Media, LLC