Billionaire Investors Warren Buffett and Ken Griffin Are Piling Into This Beauty Stock. Is it a Buy?

Both top investors spied opportunity in the Ulta sell-off.There may be no greater investor in history than Warren Buffett. Over nearly 60 years, his conglomerate, Berkshire Hathaway (BRK.A) (BRK.B -0.82%), has almost doubled the annualized returns of the S&P 500. And while that may sound impressive on its face, it gets even more so thanks to the power of compound growth. From 1964 to 2023, the stock delivered an overall gain of 4,384,748%, absolutely crushing the 31,223% returns of the broad market. To clar ...