Colgate-Palmolive
CL
CL stock has seen a decline of 10% from levels of $85 in early January 2021 to around $75 now, vs. an increase of about 10% for the S&P 500 over this roughly three-year period. CL has had a poor run, with the stock losing value in each of the last three years. Returns for the stock were 0% in 2021, -8% in 2022, and -6% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 9% in 2023 – indicating that CL underperformed the S&P in 2021 and 2023.
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