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Buy Alberto-Culver? Sell Church & Dwight?

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By: TOM BRANNA

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Apparently not all household and personal care stocks are a safe bet. Salomon Smith Barney said on Monday it lowered its investment rating on Church & Dwight Co. to neutral from outperform, citing the household products maker’s recent acquisition of the consumer products business of Carter-Wallace Inc.At the same time, however, Salomon Smith Barney said it raised its investment rating on beauty products maker and retailer Alberto-Culver Co. to outperform from neutral. The brokerage sa...

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