Prediction: Ulta Beauty Stock Will Beat the Market. Here's Why.
The market hasn't been too happy with Ulta Beauty (NASDAQ: ULTA) stock recently. The beauty megachain's shares are down 32% over the past year, seriously underperforming the S&P 500.As if pressured conditions and performance weren't enough, Berkshire Hathaway completely sold out of its position in the 2024 fourth quarter after slashing its stake in the second quarter, just one quarter after taking a position in the first place.Altogether, it's enough to scare away many an investor. But you can often find excellent opportunities where no one else is looking. And despite what's happening right now, Ulta can still beat the market. Here's why.Continue reading
The market hasn't been too happy with Ulta Beauty (NASDAQ: ULTA) stock recently. The beauty megachain's shares are down 32% over the past year, seriously underperforming the S&P 500.
As if pressured conditions and performance weren't enough, Berkshire Hathaway completely sold out of its position in the 2024 fourth quarter after slashing its stake in the second quarter, just one quarter after taking a position in the first place.
Altogether, it's enough to scare away many an investor. But you can often find excellent opportunities where no one else is looking. And despite what's happening right now, Ulta can still beat the market. Here's why.
