Ulta Beauty: A Must-Have Stock for Your Watchlist This Quarter

Key Points Ulta Beauty stock is a must-have for investors aiming to outperform the U.S. markets in the current stagflation environment. Despite high inflation and rising prices, Ulta saw an increase in all of the fundamental drivers that matter for the business. Analysts see a double-digit upside from today's prices, and profitability is still near all-time highs on an ROIC basis. 5 stocks we like better than Consumer Discretionary Select Sector SPDR Fund After reporting its first quarter 2024 earnings resu ...