The following video is from Friday's Motley Fool Money roundtable discussion with host Chris Hill and analysts Joe Magyer, James Early, and Ron Gross. In this segment, the analysts discuss how CNBC's Jim Cramer recently picked Ulta Salon (NASDAQ:ULTA) as the "ultimate growth stock." Our analysts take a look at the strong numbers of this stock that may not have appeared on many investors' radars, and discuss why it may have a lot of growth potential ahead.

Chris HillJoe Magyer, James Early, and Ron Gross have no positions in the stocks mentioned above. The Motley Fool owns shares of Ulta Salon, Cosmetics & Fragrance. Motley Fool newsletter services recommend Ulta Salon, Cosmetics & Fragrance. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.