TMCnet - World's Largest Communications and Technology Community



Upgrade Alert for Colgate-Palmolive (CL)
[May 15, 2012]

Upgrade Alert for Colgate-Palmolive (CL)

May 15, 2012 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Colgate-Palmolive (NYSE:CL) was upgraded from Hold to Buy at Argus Research today. The stock closed yesterday at $99.03 on volume of 1.4 million shares, below average daily volume of 2.2 million. Colgate-Palmolive (NYSE:CL) has potential upside of 2.4% based on a current price of $99.01 and analysts' consensus price target of $101.36. Colgate-Palmolive shares have support at the 50-day moving average (MA) of $97.24 and additional support at the 200-day MA of $91.58.

Colgate-Palmolive Company is a consumer products company that markets its products throughout the world. The Company's products include toothpaste, toothbrushes, shampoos, deodorants, bar and liquid soaps, dishwashing liquid, and laundry products, as well as pet nutrition products for cats and dogs.

In the past 52 weeks, Colgate-Palmolive share prices have been bracketed by a low of $78.62 and a high of $100.81 and closed yesterday at $99.01, 26% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Colgate-Palmolive on February 3rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $91.71. Since that recommendation, shares of Colgate-Palmolive have risen 8.0%. We continue to monitor CL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Back To's Homepage ]

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy