This Deal Is Lipstick on a Pig
In today's edition, Austin Smith talks about all the hype surrounding the potential Avon buyout. At the end of the day, the excitement is generally misplaced, and investors are better off avoiding the risky speculation and sticking with other more proven companies in this space. Austin thinks there are better options in the cosmetics industry, including a more stable company such as Estee Lauder, which is also better positioned in prime emerging markets such as Asia.
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At the time this article was published Austin Smith owns no shares of the companies mentioned here. The Motley Fool owns shares of Tupperware Brands. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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