Estee Lauder: The Time To Buy Has Finally Come
ELEstée Lauder(EL) Seeking Alpha·2024-07-23 21:20
Baloncici Estee Lauder (NYSE:EL), one of the pioneer companies in the cosmetics industry, has seen its stock get hammered by more than 70% since its all-time highs by the end of 2021 and close to 30% since its recent highs in March 2022. Despite this massive underperformance compared to the S&P 500, which is up more than 15% year-to-date, Estee Lauder might now be a clear buy since its business fundamentals have begun to find a solid bottom. Data by YCharts Estee Lauder's nature is not a flawless busine ...