Is Ulta Beauty Stock a Buy?

Is Ulta Beauty Stock a Buy?
Lawrence Rothman, CFA, The Motley Fool

Like many companies, Ulta Beauty's (NASDAQ: ULTA) results were hurt by the COVID-19 pandemic. With COVID-19 cases surging again, has Ulta Beauty's shares gotten ahead of itself? Ulta Beauty, which has been in existence for 30 years, has built a successful business by offering beauty products like cosmetics, fragrances, skin care, hair care, and salon services, across different price points.