Are Colgate-Palmolive stocks a safe and profitable investment?
At the moment, the whole financial sector is very unstable. If the financial system breaks down, this will have immediate effects on other sectors like production, etc. so nobody can say how this stock will develop in the near future. Compared to other sectors Colgate-Palmolive is in a quite secure area producing goods of daily use, so it will be more stable than others. But if the stock-market really collapses as some “experts” expect, you will lose money anyway.
