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EL - Estee Lauder Is a Good Buy Even in a Volatile Market
Estee Lauder Companies Inc.
Estee Lauder(NYSE: EL), one of the world's largest cosmetic-related stocks, is up 12.5% over the past month thanks to solid earnings reported at the end of the year. Despite a weakening economy and trade concerns with China, Estee Lauder is riding high in a volatile market. This could be an attractive time for investors to buy.
A rising stock price is nothing new for Estee Lauder; shares are up 49% since January, even as the overall market has slumped because of the ongoing trade war between China and the U.S.