Ulta Beauty: Upgrade To Buy As Risk-Reward Skews Positive Now (NASDAQ:ULTA)

Core Viewpoint - The article discusses previous concerns regarding Ulta Beauty, Inc. (NASDAQ: ULTA) related to execution and gross margin risks impacting near-term earnings, which remain relevant today [1]. Company Analysis - Ulta Beauty has been previously rated as a hold due to concerns about its operational execution and gross margin performance [1]. - The author emphasizes a diversified investment approach, incorporating fundamental, technical, and momentum investing strategies to enhance investment decision-making [1]. Investor Perspective - The author identifies as an individual investor focused on managing personal capital accumulated over the years, indicating a personal investment philosophy that values various investment methodologies [1].