Editor's note: As part of our partnership with PBS's Nightly Business Report, TheStreet's Debra Borchardt will appear on NBR Monday (check local listings) to explain why cosmetics stocks are looking attractive.
NEW YORK (TheStreet) -- The economy may be recovering slowly, but women are still spending money on cosmetics and rising sales mean rising stock prices.Even during the recession, the U.S. cosmetic business generated more than $13 billion in revenue last year according to Ibis World Reports. This is also supported by the Brand Keys "Loyalty Leaders" report that found that consumers stick with their favorite cosmetic brands even in a bad economy. As the economy continues to rebound, cosmetic shopping is expected to continue to pick up. IBIS expects the industry revenue to grow at an average rate of 4% to over $15 billion.