Stockchase Opinions

Jim Cramer - Mad Money e.l.f. Beauty ELF-N DON'T BUY Sep 13, 2024

Shares are down because they are heavily shorted, Estee Lauder and Ulta have been weak too. ELF is the best in a weak sector.

$116.630

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.