Estee Lauder: Valuation Premium Is Unjustified

Shares of Estee Lauder ( EL ) have recovered solidly over the past year, gaining over 40%, though its earnings on Thursday reminded investors this is not a linear recovery by any means. While the company beat its Q2 earnings, the updated outlook provided alongsideOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an ...