- Colgate-Palmolive has been a steady compounder for decades and the growth continues, albeit at a slower pace.
- They already control a large share of the oral hygiene market and have distribution in +200 countries/territories, leaving little white space for growth in the category.
- Hills Pet Nutrition has seen good growth; however, there are many well-resourced competitors also trying to grow their pet food businesses.
- Colgate-Palmolive has been around for over 200 years and the business is not likely to go away any time soon, but the valuation seems high for a slow growth stock.
For further details see:
Colgate-Palmolive: Slow And Steady Growth, Some Upside Potential