It's high time to expand. That's why I've just invested in another stocks. Today I've bought Ulta Salon Cosmetics & Fragrance Inc shares.
You might ask why ULTA? Let's begin with 10 answers every investor should know before investment.
Beauty retailer - products ans services.
2. Competitive Advantage
Strong market position, complexity of products.
3. Chief Executive Officer (CEO)
Mary N. Dillon since 2013
4. Revenue Growth
20-25% y/y. Quite strong growth every year.
5. Net Income
Grows much more than revenue. Looks really great.
6. Profit Margin
Over 30% gross profit margin. Incedible in thin market.
7. Debt-to-Equity Ratio
No debt at all!!! Why? Debt is not bad when invested with profit.
8. Price-to-Earnings Ratio (P/E)
Around 41 which can terrify.
Ulta is a growth stock.
Any risk of going bankrupt due to lack of debt, very competitive industry with plenty of competitors
And? What do you think about ULTA? I think this is a good stock but a bit of overpriced. I hope the stocks value will grow because it is a good company. ULTA will gonna help me to beat the NASDAQ market I hope. Do you?