01-08-2016, 09:55 PM
I don't think you can go wrong with CL. They got hit really hard by the currency, so that is one reason for the high PE. Now if the current situation is the norm or if the dollar is simply too strong... that's up to you to decide. But anyway, they are constantly increasing market share and coming up with new products that people are actually buying... I think the company had a pretty good 2015 and while the PE still looks quite high I think that it's not too expensive.