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Colgate-Palmolive Co. Message Board

grongus1 1 post  |  Last Activity: Nov 26, 2015 11:32 AM Member since: Oct 31, 2012
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  • grongus1 by grongus1 Nov 26, 2015 11:32 AM Flag

    Goldman GS 0.25% says the price-to-earnings ratio of the market will be just over 16, based on its prediction of where profits will be at the end of 2016. “Only 6% of the time during the last 40 years has the median stock traded at a p/e multiple higher than it does today,” wrote Goldman’s analysts, lead by David Kostin, in the research report.
    But , he's recommending Amazon PE 967 . Seems just a bit hypocritical. Not much credibility!!!!!!!

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