Jim Cramer on How Estee Lauder Is At the Center of the Selfie Generation

Estee Lauder posted a top and bottom line beat on Monday.With the rise of selfies, millennials are putting on makeup before the snap their pictures. This trend is helping to boost the bottom line of Estee Lauder.
Author:
Publish date:

With the rise of selfies, millennials are putting on makeup before they snap their pictures. This trend is helping to boost the bottom line of Estee Lauder (EL) - Get Report .

"There is a secular change in the way that we present ourselves - and care about ourselves," Cramer noted. "That's everything from Estee Lauder to SodaStream (SODA) - Get Report ."

PepsiCo (PEP) - Get Report is acquiring SodaStream for $3.2 billion, in a deal announced Monday, as consumers move away from sugary beverages in favor of healthier choices. 

Estee Lauder is Real Money's stock of the day.