EL 全部观点

E stock Estee Lauder is rolling now at this point in time. We're now up almost $57,000 on this one. Up another $8,500 here today. This is a stock I bought a lot of shares of over the past 18 to 20 months or so. And you know, it was one of those that a lot of people had a lot of question about like what Estate Water and now people are seeing. Okay, this is actually a pretty decent stock, right?

assuming the ATL normalizes fine, they're still going to have a cash balance. They're still going to have They're still going to own 80% of their fleet. Like 2 years ago it was like it was only 50% of the fleet. I think about this all the time. You're right. Like this screams This thing is over-earning, right? Like how could you not be concerned that there's going to it's going to mean revert, and the stock's not going to work because it's just going to be very difficult.

And I I think that I would I would point back to like their last clean year, which was really sandwiched between COVID and the and the war on October 7th was 2023. And in 2023, like they were profitable, you know, after CapEx, after leases, after, you know, amortization of loans. So, and they to the tune of like 100 to 200 million dollars in free cash flow.