tag:blogger.com,1999:blog-6587699706949333863.post4819337419470862109..comments2024-03-27T23:39:33.499-05:00Comments on Passive Income Pursuit: Colgate-Palmolive Dividend Stock AnalysisPassive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6587699706949333863.post-50149567489495334942013-03-14T21:59:21.480-05:002013-03-14T21:59:21.480-05:00Integrator,
I wish I had looked more into CL bef...Integrator, <br /><br />I wish I had looked more into CL before now. But that time has passed, at some point it'll get back to at least fairly valued or undervalued again. After the split I'll be looking at selling some puts if the right combination is there. I think it's a solid company but just a little too overpriced at the moment.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-21043364225377206562013-03-13T21:13:21.279-05:002013-03-13T21:13:21.279-05:00CL is a great business. I agree with your assessme...CL is a great business. I agree with your assessment on overvaluation here. I like the consumer staples area also. I quite like Clorox as well, but I find even that to be overvalued at the moment. Maybe another candiate to sell puts against?Integratorhttp://financiallyintegrated.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-81330533294599021392013-03-11T09:48:07.812-05:002013-03-11T09:48:07.812-05:00DM,
It's a shame that it's perpetually o...DM, <br /><br />It's a shame that it's perpetually overpriced. It was well undervalued even last year but I missed out on it then. I'm afraid that with the upcoming split we'll see a runup to the split and then after the split which is just going to make it even more overvalued. But I'll just sit here and patiently wait until an opportunity comes up.<br /><br />The consumer staples are wonderful but like you mentioned there's not a whole lot that are in the fair value let alone the under value range. Once the economy picks up some more steam I expect to see a selloff in the slower growers which is great news for us DGIs.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-87642627571101009402013-03-10T19:32:08.557-05:002013-03-10T19:32:08.557-05:00Pursuit,
Great analysis here. Love the breakdowns...Pursuit,<br /><br />Great analysis here. Love the breakdowns. <br /><br />I agree. CL is very pricey here. The weird thing about CL is that it's chronically overvalued. I'm not quite sure why the market places such a premium on the business, but obviously that premium has simply expanded with the broad market run-up. <br /><br />I love consumer companies the best, but find few in my wheelhouse right now. GIS was one I was highly interested in, but it was literally a day before the HNZ deal. That left me in the dust. Oh well. I'll continue hunting!<br /><br />Best wishes.Dividend Mantrahttp://www.dividendmantra.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-66467096376302238552013-03-10T17:36:15.249-05:002013-03-10T17:36:15.249-05:00MyFIJ,
I just hope it doesn't have a bounce ...MyFIJ, <br /><br />I just hope it doesn't have a bounce up after the split. Unfortunately most of the major consumer staples companies have gone up with the market and sitting at least at fairly valued right now. Looking through the analysis, I saw just how undervalued it was the last few years and I just never picked any up. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-64642023077277965422013-03-10T17:17:58.572-05:002013-03-10T17:17:58.572-05:00Great analysis. I'm inclined to agree with yo...Great analysis. I'm inclined to agree with you, CL is a touch overvalued. I've been wanting to buy some CL for a while, but it almost always seems to be overvalued when I'm considering it. Kind of like it's taunting me. I am excited about the stock split coming up. With some luck, that might provide some nice buying opportunities.My Financial Independence Journeyhttp://www.myfijourney.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-73487367507633528322013-03-10T16:43:23.574-05:002013-03-10T16:43:23.574-05:00*our*ourPassive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-68212176303626404132013-03-10T16:39:12.982-05:002013-03-10T16:39:12.982-05:00ADY,
I'd be interested closer to the $100 pr...ADY, <br /><br />I'd be interested closer to the $100 pre split / $50 post split but would only buy around a 1/4 position at those prices. Down at the lower $90's / upper $80's and I'd be scooping up shares. I love the consumer staples companies, nice solid growth in the underlying business and the dividend growth. Glad to see that are metrics are jiving.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-86614886837834663862013-03-10T16:11:46.326-05:002013-03-10T16:11:46.326-05:00My metrics also show that CL is expensive. I get a...My metrics also show that CL is expensive. I get a super cheap price of $86.20 (3.16% dividend yield). The 3 and 5 year average high yield are 2.87% and 2.93% respectively. Also, its forward PE of 18 is too high for me. Good job on the analysis.Average Dividend Yieldhttps://www.blogger.com/profile/06413475902313285793noreply@blogger.com