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.