Jim Cramer praises Colgate-Palmolive as recession-resistant, but suggests exploring undervalued AI stocks
From Yahoo Finance: 2025-04-21 10:15:00
Jim Cramer discussed 25 stocks in focus for the upcoming week, including Colgate-Palmolive Company (NYSE:CL). With a flood of quarterly reports expected, Cramer emphasized the impact of tariffs on inflation and the difficult position of Fed Chair Jerome Powell in managing interest rates.
Cramer expressed concern over the political noise surrounding monetary policy and highlighted the swift shifts in sentiment on Wall Street based on earnings reports. He believes companies continue to deliver strong results, leading to positive expectations for the upcoming week despite market uncertainties.
Colgate-Palmolive Company (NYSE:CL) was highlighted by Cramer as a recession-resistant stock with a history of strong performance. As a leading consumer goods producer, Colgate-Palmolive offers well-known brands like Colgate and Softlan. Hedge fund Diamond Hill Capital sees potential in CL amid a challenging economic cycle.
CL ranks 24th on the list of stocks discussed by Cramer, with potential for investment but AI stocks offering greater promise for higher returns in a shorter timeframe. Consider exploring undervalued AI stocks for more promising opportunities. This article was originally published on Insider Monkey.
Read more: Jim Cramer Calls Colgate-Palmolive Company (CL) a Recession-Resistant Winner