Every quarter when they announce after market close they BLOW away earnings. I wouldnt get caught here in a short squeeze..heading towards the 120 imo
Sentiment: Strong Buy
Bob, so what you are saying is that ULTA should trade at a P/E multiple of 35 ish? Why? For how long?
There are a lot of factors. If margins decline they might get knocked down. All depends on what the momo guys decide to do.