New York-based The Estee Lauder Companies Inc. (EL) is one of the world’s leading manufacturers, marketers, and sellers of skincare, makeup, fragrance, and hair care products, and is a steward of outstanding luxury and prestige brands globally. With a market cap of $34.1 billion, Estee Lauder’s products are sold in approximately 150 countries and territories.
Companies worth $10 billion or more are generally described as "large-cap stocks." Estee Lauder fits this bill perfectly. Given the company’s extensive brand portfolio and longstanding name in the cosmetic industry, its valuation above this mark is not surprising. The company sells its products under well-known brands like Estee Lauder, BALMAIN, Clinique, Jo Malone London, TOM FORD, and more.
