5Mes·

We've held a position in $EL (-0,42%) since 2015, and it's stock has been on our watchlist as a potential value play recently with the decline in its stock price.


Hard to time the turning point, but it's poised for a rebound with long-term upside. Strong brand with a durable competitive advantage and consistently attractive returns on capital. Just scooped up 50 more shares, as prices are now at decent levels and we feel confident in the long-term upside.

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Do you think its very cheap and a nice chance to make a first buy?
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