Estée Lauder Stock Is Trading at a 10-Year Low: Is It Too Cheap to Pass Up?
Estée Lauder(EL) The Motley Fool·2024-11-14 22:30
Can this struggling stock turn things around?If a stock hits a 10-year low, there's little doubt that buying it involves taking on some considerable risk. For that kind of a sell-off to take place, investors are rushing for the exits and likely have some serious reservations about the company's future and perhaps whether it will be able to survive.Estée Lauder Companies (EL 0.19%) recently plunged to levels it hasn't been at in more than a decade. As of Monday's close, the stock was down a mammoth 56% this ...