Colgate-Palmolive (NYSE: CL) is a familiar name to many investors. After all, you've probably passed many of its products in the grocery aisle, and likely put some of the items in your cart before you've headed to the checkout aisle.
Investing in companies that you understand is always good, and it is one of the key tenets of famed investor Peter Lynch's investing guidelines. However, mere familiarity is not enough to decide that the stock is a worthy investment.
To determine that, it is time to delve deeper into the company's fundamentals.
Source Fool.com