Posted 2/27/2024, 2:52:00 PM
E.L.F. Beauty Stock Soars Over 2,600% in 5 Years, Outpacing Nvidia - $1K Investment Now Worth $26K
- E.L.F. Beauty stock is up 2,639% over the past 5 years, compared to 1,937% for Nvidia
- $1,000 invested in E.L.F. 5 years ago would now be worth over $26,000, versus $20,000 for Nvidia
- E.L.F. sells affordable, vegan cosmetics and has a cult following, especially among Gen Z and Millennials
- The company has reported 7 consecutive "earnings triple plays" of beating estimates and raising guidance
- E.L.F.'s 2019 TikTok campaign with original music was one of the app's most viral branded ads ever