The following video is part of our "Motley Fool Conversations" series, in which Erin Corr and analyst Austin Smith discuss topics across the investing world.
In today's edition, Austin and Erin discuss three reasons to love Ulta Salon. Don't worry about the high multiples here; this company has the growth to back it up. Its customers are intensely loyal, and having the salon division allows the company to push already familiar customers to their website for even more sales.
Every now and then, we come across a stock that has us so excited we can hardly contain our investing enthusiasm. We've uncovered one such pick with so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon-to-be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.