Cramer calls Estee Lauder the 'stock market equivalent of the Patriots'

CEO Fabrizio Freda to Bill Belichick, who has led the New England Patriots to six NFL Super Bowl titles in less than two decades.

Those comments come after the makeup, fragrance and hair care products maker posted strong quarter results on Monday. Estee Lauder's share price has surged more than 15% since Wednesday's close last week. The stock traded at an all-time high of $206 on Tuesday. "I think it's crazy to switch back and forth between the slowdown stocks and their more cyclical compatriots — that's something only hedge funds can get away with," Cramer said. "You're better off not trying to game these rotations. Find the stocks of high quality companies where management has figured out the competitive landscape and knows how to take risks rather than becoming outmoded.

You mean they're hated by everyone outside of the Northeast?

Estee Lauder is not cruelty free. They still do animal testing.

I love $EL ‘s soft balls!

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