How to Trade US-Based Ulta
Posted on November 29, 2012 at 16:41 PM EST
MINYANVILLE ORIGINAL Ulta Salon Cosmetics & Fragrance Inc. (NASDAQ:ULTA) operates as a beauty retailer that provides prestige mass and salon products as well as salon services in the United States.   Despite the growth in online business of Amazon (NASDAQ:AMZN) ULTA continues to have great earnings and to move higher on the charts. The company has over 489 retail stores in 45 states and it is based in my home state of Illinois.  Despite its high P/E compared to Macy's (NYSE:M) (43 vs. 12) it has high growth and no exposure to the slowing global economy.   I like ...
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