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Benzinga
17 days

Beauty And The Bear: Michael Burry, Estee Lauder Snub China

1. Michael Burry doubled his stake in Estee Lauder amid China exposure reduction. 2. Estee Lauder faces challenges with weak sales and competition in China. 3. Deutsche Bank upgraded Estee Lauder shares, raising price target significantly. 4. The company diversifies and expands into markets like India to offset risks. 5. Estee Lauder shares rose over 25% in the last month, reflecting positive momentum.

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FAQ

Why Bullish?

Burry's investment indicates confidence in EL's future despite current challenges.

How important is it?

The article highlights significant investments and strategic shifts which impact EL's market perception.

Why Long Term?

Estee Lauder's diversification efforts may yield returns as global markets stabilize.

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