Estee Lauder: The Time To Buy Has Finally Come

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- Additionally, the company can be considered a legacy company due to its main distribution channels, which are physically in retailers trying to provide what is called High-Touch services ...