1 No-Brainer Stock to Buy With $500 Right Now

By Neil Rozenbaum – Updated Sep 5, 2023 at 10:31AM

NASDAQ: ULTA

Ulta Beauty

Market Cap

$20B

Today's Change

(-0.40%) -$1.62

Current Price

$406.39

Price as of April 26, 2024, 4:00 p.m. ET

This attractive business is trading at a discount. Is Ulta Beauty stock a buy right now?

In this video, I will talk about Ulta Beauty (ULTA -0.40%), the current state of the company, the highlights from its recent earnings report, and why I believe long-term investors should take advantage of the recent weakness in the stock.

*Stock prices used were from the trading day of Sept. 1, 2023. The video was published on Sept. 5, 2023.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Ulta Beauty. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.