Why Colgate-Palmolive Is a Retiree's Dream Stock
Colgate-Palmolive (NYSE: CL) has built a business over the centuries that is essential to practically every consumer's everyday life. Toothpaste and dish soap comprise the lion's share of its business, and focusing on personal care products ensures that even in the worst economic conditions, people will still turn to its brands.
The company continues to expand its global footprint, and it actually derives three-quarters of its revenue from emerging markets, which could be considered one of the few risks associated with an investment in its stock, though it also presents a world of opportunity to cash in on rising disposable income levels.
Coupled with an enviable record of sharing its success by returning value to shareholders, it's easy to see why Colgate's stock fits into a dream retirement portfolio.
Source Fool.com
