Is Now the Right Time to Buy L'Oréal Stock?
L'Oréal (ENXT: OR) (OTC: LRLCY) might seem like a great stock to buy as inflation, rising interest rates, and other macro headwinds rattle the broader markets. The French cosmetics giant -- which also owns Lancôme, Maybelline, NYX Cosmetics, and Garnier -- mainly targets higher-income consumers who are better insulated from those economic shockwaves.