Personal care and pet food products maker Colgate-Palmolive may look a little sluggish in the U.S. next to behemoth Procter & Gamble and its Crest brand, but not if you look overseas.
Only 19% of Colgate's $3.71 billion revenue came from North America last quarter. The company has spent more time building supply and distribution connections in emerging markets in Asia and Latin America than most of its competitors by toughing out times of economic and political instability.
"When other vendors left the market, they rode out the storm," said Bill Chappell, analyst with SunTrust Robinson Humphrey.
Plus the company's two product divisions - home care and pet food - both sell necessities that consumers are unlikely to give up quickly. And Colgate is currently meeting its largest challenge, rising commodity costs, by raising prices. As a result, Colgate's sales are expected to increase 12% this year.