Thread: Entry Point for CL - Colgate Palmolive

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  1. 07-29-2017, #1
    AimeeDract
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    I've been looking to pick up some CL for a little bit now. Was hoping it would drop near $50 bucks, but hasnt seen that price for a while now. This is for my investment portfolio, so I could just pick up some now, and just add to the position later on when the price drops back down - averaging the cost.

    Would like some input from you investment guys.
    Thanks.


    Oh, btw...I've been reading these forums for a while now, seems like I know alot of you. I'm the type that watches from a few rows back, and keeps to myself. There is a broad range of trading and investment knowledge here. Respect alot of you. Thanks for your help.
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  2. 07-30-2017, #2
    aiywqexr47
    Join Date Oct 2014
    Posts 0

    Default Entry Point for CL - Colgate Palmolive

    I would wait for a pullback on this one. CL is a great company, and will continue to rise. It is near its 52 weeks high right now and as the chart reads it is due for a small pull back, then jump on it. Great long term investment. Ive been watching this stock and performed many forecasting analysis on it the past couple months.
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  3. 08-01-2017, #3
    Aicagap
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    Thanks BrianB and TripleBuy.
    BrianB, what type of pull back are we looking at 1-2 bucks, or less?

    TripleBuy, yeah...it is boring stock, but you know how it goes. I actually already own PG. Do you think buying CL is over kill in 1 sector? I was also looking into some JNJ too.
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