Thank you very much for the analysis. I have JN at TradeRepublic also on my watchlist, but the price was actually always too high. I'll give them a place of honor so I don't miss them in the next correction. @ccf
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@Divmann what do you think 3M and Colgate-Palmolive are currently very interesting to buy? :)
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•I already wrote to you yesterday about Colgate in some detail. I have 3M in my portfolio, as you can see, I am in the red. (Which means that I thought the stock was worth buying when it was more expensive). But you have already asked me several times for my opinion, everyone has a different strategy and will also assess expensive/cheap differently. Also, I don't know your expected return, stock prices are discounted cash flows. If your expected return is low enough, any stock at any price can be a buy. With 3M, I'm assuming a settlement on the current wave of lawsuits. MMn you get a dividend king historically cheap here. My assessment doesn't have to be right, it often hasn't been. No investment advice
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Since the post was deleted I was not shown 😅
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Gosh, why was this deleted 🥲🔫 Brief summary of Colgate: Great company, relatively low payout ratio, share buybacks, long dividend history. In historical comparison, the company is just fair, but still expensive for the growth in my eyes. That's true of pretty much all the major food/hygiene product companies from the US. All great companies (I would totally love P&G too, but too expensive). I'll say this, if you assume stock valuations across the board aren't going to get cheaper in the future, Colgate isn't wrong at this time; Doesn't scream buy though. No investment advice
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