Estee Lauder (EL +0.2%) makes Morgan Stanley's list of "20 for 2016" stocks which have...

|By:, SA News Editor

Estee Lauder (EL +0.2%) makes Morgan Stanley's list of "20 for 2016" stocks which have differentiated business models. The take on the cosmetics company is that its high-growth, low-demand elasticity beauty product categories will drive long-term revenue and profit gains. The near future will also see Estee Lauder increase penetration in key emerging markets.