Jim Cramer Discusses These 11 Stocks & Says People Don’t Understand Tariffs

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

Number of Hedge Fund Holders In Q4 2024: 45

The Estée Lauder Companies Inc. (NYSE:EL) is another struggling cosmetics firm. The firm has been hit particularly hard due to China’s economic slowdown which has hampered its Asian sales as they account for roughly 30% of the revenue. The Estée Lauder Companies Inc. (NYSE:EL)’s shares are down by 54% over the past year and they have dropped by 8% year-to-date. February was a tough month for the stock as it shed 22.4% of its value. The shares dipped as The Estée Lauder Companies Inc. (NYSE:EL) announced up to $1.6 billion in restructuring charges and plans to lay off as many as 7,000 employees. Here is what Cramer said about the firm:

“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.”