Reported 2 days ago
Ulta Beauty, Inc. (NASDAQ:ULTA) has seen a 21% increase in shares this year despite challenges in the cosmetics industry. Following an impressive first-quarter performance, Ulta's stock dropped by 1% after announcing the conclusion of its partnership with Target, which was cited by analysts, including Jim Cramer, as a notable change due to its importance in Ulta's sales strategy and potential implications for related brands like Elf. While Ulta is a strong contender in the market, some believe other AI stocks may offer better investment opportunities.
Source: YAHOO