Stockchase Opinions

Jim Cramer - Mad Money e.l.f. Beauty ELF-N WAIT Aug 26, 2024

One of the most-shortest stocks; anything bad that happens in the cosmetics group and this gets punished. Buy in the first 14 points down or wait till Thursday.

$156.090

Stock price when the opinion was issued

Consumer Products
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BUY

Company enjoying tailwinds with demand for beauty products. Viral marketing and middle of the road pricing very good for business. Management increasing earnings estimates. Consensus is for $140 stock price. Seeing meaningful upside in stock. Demand for beauty products not slowing, even if recession occurs.