With a market cap of $31.9 billion, The Estée Lauder Companies Inc. (EL) is a global leader in the beauty industry. The company manufactures, markets, and sells a wide range of skin care, makeup, fragrance, and hair care products under prestigious brands such as Estée Lauder, Clinique, La Mer, M·A·C, Jo Malone London, and TOM FORD Beauty.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Estée Lauder fits this criterion perfectly. Its products are distributed worldwide through department stores, specialty retailers, online platforms, salons, spas, and direct-to-consumer channels.
