We’re making a small buy of this troubled cosmetics firm and upgrading our rating on the stock

News Snapshot:

Shortly after the opening bell, we will be buying 50 shares of Estee Lauder at roughly $139. Following the trade, Jim Cramer's Charitable Trust will own 475 shares of EL, increasing its weighting to 2.1% from 1.9%. We're making a small buy in Estee Lauder and upgrading our rating to a 1. At Wednesday's closing price of $138 per share, the stock has essentially given back all of its gains from the post-earnings pop in February when CEO Fabrizio Freda declared the company has finally reached an "inflection point" and was positioned to return to strong organic sales growth and...