Estee Lauder: On Path To A Favorable Long-Term Outlook, Now A Buy
Estée Lauder(EL) Seeking Alpha·2024-09-17 04:55
0, F 100% bez mirisa. Eap bishes Angelance 179 I BalkansCat Around July 2022, I argued that Estée Lauder (NYSE:EL) is "growth at non-reasonable price". Since then, shares have dropped continuously and are now trading about 65-70% cheaper. As the valuation backdrop for EL has changed dramatically, today I am taking a refreshed look at EL shares. In a nutshell, I am upgrading Estée Lauder stock to "Buy", as I continue to like the commercial backdrop of the company, while the shares valuation now looks to be b ...