Ulta Beauty ULTA is a specialty retailer in the United States which is focused on the hot market of beauty. The company recently reported its fourth quarter results and saw comparable store sales rise 9.4% thanks to big customer traffic flocking to the stores for the new Kylie product line. But all product segments, including mass market cosmetics, which is usually a laggard, did well in the quarter. Analysts expect Ulta to grow sales another 12% this fiscal year.
Dollar General Corporation DG also had a solid fourth quarter, as the value retailer saw same-store-sales up 4%. But it’s investing in its fresh food business which is going to hit margins this year. Shares plunged on the earnings report, but that means it’s now more attractive with a forward P/E of 17. Dollar General is a Zacks Rank #3 (Hold).
Boeing BA continues to be a Zacks Rank #1 (Strong Buy) despite its recent troubles with the 737 Max aircraft. Shares are down nearly 11% over the last month. It now trades with a forward P/E of 18. Why is it still a Rank #1 with all the headlines and the grounding of the 737 Max planes? And what should investors do who own the stock or are thinking about owning it?
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