Opinions
Cameron Hurst
Colgate Palmolive
CL-N
SELL
Jun 13, 2017
Stock price when the opinion was issued
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He is avoiding staples right now. They are trading very, very rich. This company has had a negative earnings revision and are really struggling in some of their core categories with pricing pressures and volume. Not a lot of positive things to say about this. He would be moving on to a different sector, on the view that we will be seeing higher rates. This is not a “Growth” story, it is a “how do we save the ship” story.