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Buy Ulta Beauty stock, a winner in good times and bad, Barron’s says

Ulta Beauty stock was a bright spot in an ugly market in 2022-and its shares still look good in 2023, a remarkable feat when investors have been dumping last year’s winners, Angela Palumbo writes in this week’s edition of Barron’s. Business seems to be holding up well enough for Ulta to deserve what looks like a premium valuation, the author notes. Reference Link

Published first on TheFly

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