Colgate-Palmolive – it’s what you think about when you think about toothpaste. In fact, its products are bought by over half of the world’s households. They’ve been around for almost a quarter of a millennium.
Though not fast growing, it is probably the most stable profit engine that I have studied. With a dwindling share count, increasing dividends, and a strong international presence, CP is one of the few companies that I have researched that I can say I believe will be around in fifty years.
History of Colgate-Palmolive
Valuation and Closing Thoughts