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.