Latest analyst takes
OptionsPlayBULLEL is a cautiously bullish but only partial-size trade because the chart setup is favorable (strong risk/reward with an invalidation just below the ~$80 area) and relative-strength/trend alignment is improving, yet fundamentals are stretched versus the industry and options liquidity is weaker, so the process limits sizing to around 1% initially.2d agoOptionsPlayBULLEL has set up an early turnaround/recovery as China and Asia weakness appears to be bottoming, the stock reclaimed key levels (broke above and retested $80), and EPS is expected to recover over the next couple of quarters, making the $91–$95 upside setup attractive despite a ~24x forward earnings premium.3d ago
Financial EducationBULLEL is expected to beat across the board for a long stretch because the speaker sees the valuation as workable and believes execution will continue to surprise to the upside.13d ago"EL is a cautiously bullish but only partial-size trade because the chart setup is favorable (strong risk/reward with an invalidation just below the ~$80 area) and relative-strength/trend alignment is improving, yet fundamentals are stretched versus the industry and options liquidity is weaker, so the process limits sizing to around 1% initially."
"EL has set up an early turnaround/recovery as China and Asia weakness appears to be bottoming, the stock reclaimed key levels (broke above and retested $80), and EPS is expected to recover over the next couple of quarters, making the $91–$95 upside setup attractive despite a ~24x forward earnings premium."
"EL is expected to beat across the board for a long stretch because the speaker sees the valuation as workable and believes execution will continue to surprise to the upside."