Why Ulta Beauty Stock Looks Gorgeous on Thursday

Warren Buffett thinks Ulta stock is a buy at a cheap 12.5x earnings. Ulta Beauty (ULTA 11.87%) stock got a facelift Thursday after The Wall Street Journal reported that megainvestor Warren Buffett has taken an interest in the company. Citing public filings, the Journal noted that Buffett's Berkshire Hathaway (BRK.A 0.87%) (BRK.B 0.83%) has acquired 690,106 Ulta shares since making its last 13F filing with the Securities and Exchange Commission. What's Buffett up to? According to the Journal, Buffett's Ulta ...