Warren Buffett Just Bought This Surprising Stock. Should You?

This isn't an industry Buffett usually targets, but the company fits his model perfectly. Warren Buffett surprised investors with his recent purchase of Ulta Beauty (ULTA 1.17%) stock. A cosmetics stock seems like an unlikely buy for a portfolio heavy with financial stocks and old standards, but Ulta fits the Buffett model quite well. Let's see why, and if Ulta might be a good pick for you, too. Ulta isn't really a surprising Buffett pick Buffett-led Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) opened a ne ...