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Bullish MACD for Estee Lauder

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July 01, 2009 | Comment(s): 0
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EL

Estee Lauder Companies Inc.’s (EL - Analyst Report) MACD indicator has moved into bullish territory with a reading of 0.0982. The Zacks #1 Rank (“Strong Buy”) stock has advanced more than 2% to $33.37 in morning trade. The consensus estimate on the company’s fiscal 2009 earnings has increased by 6 cents over the past 2 months to $1.42 per share.

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