Buy Colgate stock: Mitesh Thacker

Mitesh Thacker of miteshthacker.com in a chat with ET Now gives his take on Colgate

What is your call on Colgate stock?

I have been recommending Colgate for the last three-four days. It is making newer highs, slowing inching on the higher side. We have not seen that runaway kind of a movement happening over here. I suspect that is in the offering so I would probably be on Colgate.

My targets would be in the range of 1125 and 1130 and I do not know whether we will get them on Tuesday morning or not but I suspect at least a stronger or higher opening of yes around 1095-1100 is very likely unless until something changes globally.