Stocks on the move: M, TRNC, COTY >>> READ MORE

4 Consumer Stocks to Buy Before They Move Higher

These four consumer stocks are set to pop

    View All  

Consumer Stocks to Buy: Estee Lauder Companies Inc (EL)

Estee Lauder Companies Inc (NYSE:EL) stock is surging up and over its 200-day moving average, returning to levels last seen in the September/October sideways crawl before it suffered a 13% decline in November and December.

EL shares were upgraded by the Telsey Advisory Group in February on the expectation of improving sequential sales growth through the year as management focuses on re-stocking its pipeline with growth brands as others in its portfolio slow.

The company will next report results on May 4 before the bell. Analysts are looking for earnings of 73 cents per share on revenues of $2.8 billion.

Anthony Mirhaydari is founder of the Edge (ETFs) and Edge Pro (Options) investment advisory newsletters. A two-week and four-week free trial offer has been extended to InvestorPlace readers. Redeem by clicking the links above.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC