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3 Ways Investors Can Benefit From Instagram (Hint: Facebook Isn't One of Them) [MSN Money]
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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3 Ways Investors Can Benefit From Instagram (Hint: Facebook Isn't One of Them) Though Facebook (FB) Instagram passed billion © Getty Imag . Cosmetics Invtors oft think of the beauty industry as a dull, defsive, slow-growth busins -- it's a part of the household products sector that has se little growth or innovation over the years. But Instagram is driving some change here. Millnials, the "selfie geration," have become avid consumers of makeup and beauty products, thanks in part to the broadcasting effects of Instagram. The perfectly-put-together portrait style popularized on the app has ev be derisively dubbed "Instagram Face." Celebriti like Kylie Jner and Rihanna have capitalized on the trd by launching their own beauty brands, but Instagram's influce is also propping up legacy cosmetics compani. The share price of Estee Lauder (EL) another imprsive Ulta Beauty (ULTA) Coty (COTY) According to Orbis Rearch, the global cosmetics market is expected to grow at an annual rate of 7.% o
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