Colgate-Palmolive Company (NYSE:CL) is on Jim Cramer’s radar, with shares up 8.8% in the past year and 22.9% year-to-date. Barclays raised the share price target to $88, predicting potential growth challenges in emerging markets. Fiscal Q4 earnings beat estimates, with revenue at $5.2 billion and adjusted EPS at $0.95. Jefferies also raised the share price target to $91.
Jim Cramer praised Colgate’s strong growth, highlighting better-than-expected organic growth in the recent quarter. While Colgate (CL) shows promise as an investment, some AI stocks may offer higher returns with limited downside risk. For a cheap AI stock benefiting from Trump tariffs and onshoring, check out Insider Monkey’s free report on the best short-term AI stock.
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Read more at Yahoo Finance: Colgate (CL) Had Great Growth, Says Jim Cramer
