From Nasdaq: 2025-05-24 10:05:00

Legendary investor Michael Burry, known for predicting the 2008 financial crisis, sold his entire portfolio except for Estee Lauder stock (NYSE: EL). Burry doubled his position in EL and also bought put options on Nvidia and Chinese ADRs like Alibaba and PDD Holdings, betting on market declines due to trade tensions. Estee Lauder has struggled with China sales post-COVID and faces competition from newer beauty brands in the US. Despite challenges, Burry’s bullish stance on EL suggests long-term recovery potential. Investors should consider Estee Lauder’s growth plan and potential upside for patient investment.



Read more at Nasdaq: This Legendary Investor Just Made a Huge Bet on This One Stock — Should You Follow?