At Multi-Year High Of $64, L’Oreal Stock Too Expensive?
- Wednesday, July 1, 2020, 7:15
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L’Oreal stock is up 7% since the beginning of this year and, at the current multi-year high of around $64 per share, we believe L’Oreal stock has a significant downside. Why is that? Our belief stems from the fact that L’Oreal’s stock remains about 44% higher than the low seen in early 2018…
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