Where Will Ulta Beauty Stock Be in 1 Year?

Ulta Beauty (ULTA -0.91%) investors have some good reasons to feel disappointed right now. Their stock was left out of the 2024 rally, declining 13% through mid-December while the broader S&P 500 jumped 24%. Its slumping valuation even attracted attention from Warren Buffett's Berkshire Hathaway, yet the famed investor went on to sell almost all of that new position by the following quarter.It's possible Buffett and his investing partners soured on the economics of this spa and beauty products business, whi ...