1 Unstoppable Multibagger Up 1,320% Since 2007 Trading Near a Once-in-a-Decade Valuation to Buy Right Now
ULTAUlta Beauty(ULTA) The Motley Fool·2024-04-29 19:45

Resilient by nature and popular among teens, Ulta is well-positioned to survive today's tough consumer spending environment. Shares of beauty retailer Ulta Beauty (ULTA -0.40%) have more than tripled the total return of the S&P 500 since their initial public offering in 2007, rising more than 1,300%. With its sales up an almost identical amount over that time, Ulta has delivered high-teens growth rates and steadily rising profitability to its shareholders for years. However, after guiding for low single-dig ...