“This stock has been on fire,” Patty Edwards, “Fast Money” retail expert, said after the stock was named the No. 16 top-performing stockin the S&P 500 for 2011, up nearly 37 percent for the year. Additionally, the stock posted a 46 percent year-over-year increase at the beginning of February.
The New York-based company owns a number of well-known brands in the cosmetics, skincare and fragrance space, including MAC, Origins, Clinique, Bobbi Brown and Aveda. It also makes products under license for such companies as Tommy Hilfiger, Donna Karan, Sean John and Coach, adding Ermenegildo Zegna to its roster in June 2011. It has a market cap of $22.67 billion.