02-22-2018, 02:51 PM
(02-22-2018, 01:09 PM)DividendGarden Wrote: anybody liking CL in the upper $60's?
Facts:
P/E over 30
Dividend Yield under 2.5%
Decreasing sales
They are using share buybacks and reducing costs to counteract the drop in sales
Tax change will help, but the strong dollar hurts (75% of their business is outside the U.S.)
Conclusion:
Still over priced