Why Ulta Beauty and Etsy Are No-Brainer Buys Right Now
A double-digit percentage rally in the S 500 this year has made it more difficult for investors to find screaming bargains. That challenge is tougher still given that consumers and businesses are becoming more cautious about their spending lately.
These short-term growth worries have helped push share prices lower for both Ulta Beauty (NASDAQ: ULTA) and (NASDAQ: ETSY), two successful businesses with attractive earnings prospects. Let's look at a few reasons why investors might want to add these stocks to their portfolios right now.
Ulta Beauty's late May earnings update was packed with good news about the business. The beauty and spa products specialist reported a blazing 11% increase in customer traffic, which contributed to a 9% boost in comparable-store sales.
Source Fool.com
