10 Stocks on Jim Cramer’s Radar

5. The Estée Lauder Companies Inc. (NYSE:EL)

Number of Hedge Fund Holders: 45

Noting that the stock is at an all-time high, a caller asked Cramer’s thoughts on The Estée Lauder Companies Inc. (NYSE:EL). In response, he said:

“No… Estee Lauder is one of the worst companies I’ve ever invested in. I don’t want you to do that. As a matter of fact, I got 499 others that I like more.”

Estée Lauder (NYSE:EL) is engaged in developing and marketing an extensive selection of products in skincare, makeup, fragrance, and hair care. Its brand lineup includes established names like Estée Lauder and Clinique. Last month on Squawk on the Street, Cramer remarked:

“And plus I mean, it’s just been a relentless, you know. .. Estee Lauder is probably one of the worst plunges I have ever seen in my career. This is a very challenged group and you got to be careful about cosmetics. . . .. But I want to stay away from cosmetics nine ways to Sunday. Anything cosmetics is just no place to be.”