Schwab Network on $ESLT (Nov 2, 2026)
ESLT is still a cheap stock, as cheap as when it traded in the early 80s; it is a unique company with about 25% market share in eyewear, including Meta glasses, and is working a little better now, though the speaker says he missed a lot of the profit.
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I would like to discuss some of your selected stocks. You have Luxottica from Essilo , who make Ray-Ban glasses associated with Meta. Tell me, what is this...and it has decreased a lot.
It has been trending up a bit recently , but it is down 40% in a year. Is this a buying opportunity?
Yes, that's it. We talked about it. I think we talked two or three weeks ago , when the stock was trading in the early 80s. Yes. I said we've made a complete round trip in terms of stocks. 28% in 1 month. So, congratulations, Teddy.
Well, you know, we missed out on a lot of profits, but I think what I said, again, is that this is a stock that I want to keep for myself. I thought the stock was very cheap in the 80s.
I still think it's a cheap stock. Right. It is a unique company, with about 25% market share in the eyewear market, which includes Meta Glass. So, yes, it's working a little better now.