Sep. 27 at 11:51 AM
📈 Yesterday, Estée Lauder
$EL, the luxury skincare, makeup, fragrance, and hair care leader, surged 10% following China's latest stimulus announcement. Despite the jump, EL is still down 30% YTD and over the past year.
Tempted to dive into EL? 🤔 Consider taking a broader approach with the Consumer Staples ETF
$XLP, up 15.4% YTD and 19.6% over the last year. XLP offers exposure to top U.S. consumer staples companies, including giants like Procter & Gamble, Costco, Walmart, and Coca-Cola, while also holding EL. For even wider market exposure, ETFs like
$MOAT, SPY, and VOO also include EL in their portfolios.
This diversified approach reduces risk, simplifies portfolio management, and curbs emotional trading decisions.
🔎 XLP has been rated 'Positive' by Quantlake since December 2023.