Best Stock to Buy Right Now: Ulta Beauty vs. e.l.f. Beauty
The stock market hasn't shown much love to specialty retailer Ulta Beauty (NASDAQ: ULTA) or cosmetics giant e.l.f. Beauty (NYSE: ELF) lately. Shares of these two industry giants are down 27% and 55%, respectively, in the past year, amid mixed financial trends.The headline numbers are far from glamorous, but there are still several reasons for investors to take a second look. Often, a large sell-off can present an opportunity to pick up shares of a high-quality company at a discount ahead of a possible rebound. Let's discuss whether Ulta Beauty or e.l.f. Beauty is the better stock to buy right now.Image source: Getty Images.Continue reading
The stock market hasn't shown much love to specialty retailer Ulta Beauty (NASDAQ: ULTA) or cosmetics giant e.l.f. Beauty (NYSE: ELF) lately. Shares of these two industry giants are down 27% and 55%, respectively, in the past year, amid mixed financial trends.
The headline numbers are far from glamorous, but there are still several reasons for investors to take a second look. Often, a large sell-off can present an opportunity to pick up shares of a high-quality company at a discount ahead of a possible rebound. Let's discuss whether Ulta Beauty or e.l.f. Beauty is the better stock to buy right now.
Image source: Getty Images.
