Key Points Ulta Beauty stock had a banner year last year. It would have been one of Berkshire Hathaway's best performers had it not been sold. Is Ulta Beauty stock still a buy for growth-oriented investors? 10 stocks we like better than Ulta Beauty › Longtime Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett retired his post at the end of 2025 as one of the greatest investors of all-time. Over the past 60 years, since Buffett became CEO of the conglomerate, Berkshire's stock portf ...

Group 1 - The article initiates coverage on Ulta Beauty (NASDAQ: ULTA) with a Buy rating and a price target of $432.81, highlighting it as the largest dedicated beauty retail network in the U.S. with over 1,300 stores and strong digital channels [1] - Ulta Beauty offers a range of products and services including cosmetics, skincare, salon services, and private-label products, indicating a diversified business model [1] - Moretus Research employs a structured framework to identify companies with durable business models and mispriced cash flow potential, focusing on U.S. public markets [1] Group 2 - The research emphasizes rigorous fundamental analysis combined with a judgment-driven process, aiming to provide clarity and actionable insights for investors [1] - Valuation methods are based on sector-relevant multiples tailored to each company's business model, emphasizing comparability and simplicity [1] - Moretus Research targets underappreciated companies undergoing structural changes or temporary dislocations, which can lead to asymmetric returns for investors [1]