Here’s How Estee Lauder Stock Has Managed To Outperform The S&P Since 2018

Here’s How Estee Lauder Stock Has Managed To Outperform The S&P Since 2018

Estee Lauder (NYSE: EL) stock price rose almost 1.7x from $130 at 2018 end to around $217 currently, primarily due to favorable changes in its P/S multiple.