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.
Homing in on companies that have a foothold in emerging markets is a great first step in long-term wealth building. You can learn about "3 American Companies Set to Dominate the World" in our analysts new special free report. It's totally free today, so click here to access it while you still can.