e.l.f. Beauty: The Stock's Decline Was Justified And Not A Market Overreaction

e.l.f. Beauty (NYSE: ELF ) was overvalued for much of 2023 and 2024 and has now returned to the real world. In terms of multiples, e.l.f. is therefore trading well below the average of the last few years and moreMy primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. Targeting those with a market capitalization of less than $10 billion, affords ample opportunities for growth. The ideal scenario is for these c ...