5 Best Beauty Stocks to Invest In

Page 1 of 5

In this article we discuss the 5 best beauty stocks to invest in. If you want to read our detailed analysis of these stocks, go directly to the 10 Best Beauty Stocks to Invest In.

5. Unilever PLC (NYSE: UL

Market Capitalization: $155 billion
Number of Hedge Fund Holders: 20 

Unilever PLC (NYSE: UL) is fourth on our list of the best beauty stocks to invest in. It is a London-based consumer goods company, dealing in products related to food, home care, and beauty. The company has over 400 brands with operations in 190 countries worldwide. Unilever PLC (NYSE: UL) is the parent company of Ben & Jerry’s, Dermalogica, Volition Beauty, Shea Moisture, etc. 

In 2020, Unilever PLC (NYSE: UL) generated over 50 billion euros in revenue and has reported a 5.7% growth in sales in Q1 2021. The sales of the skin cleansing products rose by 5% and personal care, especially deodorants saw a growth of 8% in sales. The UL stock price has grown by over 4% in the past year. The company has also announced a quarterly dividend of 0.42 euros per share. Unilever PLC (NYSE: UL) is also making an effort to achieve carbon neutrality by 2039 by shifting toward renewable energy resources, a move supported by the majority of shareholders. 

Earlier in April, Unilever PLC (NYSE: UL) announced to acquire the Texas-based lifestyle company, Onnit, to contribute to the health and well-being of the consumers. At the end of Q1 2021, 20 hedge funds, tracked in our database have stakes in Unilever PLC (NYSE: UL), worth $826 million. 

Lindsell Train, an investment management firm, released its Q4 2020 investor letter and mentioned Unilever PLC (NYSE: UL) in it. Here is what the firm has to say: 

“One of the biggest holdings here includes Unilever. The way consumers have flocked to such brands in 2020, perhaps for reassurance, has been reassuring for the investors.

In Unilever’s most recent quarterly results the company reported its e-commerce revenues were up 76% year-on-year, up to 10% of the total. This does not mean that Unilever is turning into an Internet business, but it does give reassurance that its brands – from Ben & Jerry’s to Domestos – can remain relevant in an increasingly digital world. By the way – have you tried Unilever’s new Marmite-infused peanut butter? It’s divine.”

Page 1 of 5