L'Oreal: Why This Beauty Giant Is One Of My Top Picks (Rating Upgrade)

  • L'Oréal S.A. is one of the world's leading consumer staples companies thanks to its diversified portfolio of beauty brands. It is the beauty company that spends the most on R&D; L'Oreal continuously acquires majority stakes in innovative start-ups to gain their know-how. Mid-high single digit growth, strong and growing profit margins, and reasonable price multiples make LRLCF stock a buy.