Estée Lauder Is Finally A 'Buy'

Group 1 - The article discusses the author's previous analysis of The Estée Lauder Companies Inc., highlighting that while it is a strong business, the stock was perceived as overvalued five years ago [1] - The focus of the analysis is on high-quality companies that can outperform the market over the long term due to competitive advantages and high levels of defensibility [1] - The author emphasizes a broad approach to company analysis, covering both large-cap and small-cap companies primarily in European and North American markets [1]