5 Best Beauty Stocks To Buy Now

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In this article, we will take a look at the 5 best beauty stocks to buy now. To see more such companies, go directly to 14 Best Beauty Stocks To Buy Now.

5. Ulta Beauty, Inc. (NASDAQ:ULTA)

Number of Hedge Fund Holders: 43

Beauty products and salon company Ulta Beauty, Inc. (NASDAQ:ULTA) shares are gaining ground after the company crushed analyst estimates for the fourth quarter. After the quarterly results, Canaccord Genuity analyst Susan Anderson gave bullish comments on Ulta Beauty, Inc. (NASDAQ:ULTA) and said the company is expected to continue its growth momentum as “management looks to open additional doors across the US, expands in Targets, and increases its penetration of prestige and luxury products.”

A total of 43 hedge funds tracked by Insider Monkey had stakes in Ulta Beauty, Inc. (NASDAQ:ULTA). The net worth of these stakes was $1.5 billion. The biggest stakeholder of Ulta Beauty, Inc. (NASDAQ:ULTA) was D E Shaw which had a $204 million stake.

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