Everyone seems to think Colgate is the right fit for Buffett, but does Warren think that?
P/E is near 22 which is also unprecedented. With that kind of stock valuation you would think we are talking about a tech growth engine, i.e. Apple 10.31 or Google 25, not a consumer product company.
Looking at charts monthly and weekly, very overbought. Chart on daily suggest it may retest upper channel once more before going lower.