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Purposes Of Investing In ULTA Beauty

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There are many contrasting ways to save money and there are many different purposes of saving money. A savings plan for an immediate want is apparently much different than a savings strategy for a retirement plan. One may choose to invest in stocks, bonds, or mutual funds for a savings strategy. When choosing a company to invest in, one would desire to pick a company that is seen as the most established and progressive. The ultimate goal of “gambling” with the stock market is to invest in a company that you believe will thrive, and to make a profit that is worth more than originally started. If one so chooses to invest in stocks, the possibilities can be in a sense endless due to the fact that the stock figures are quite erratic. Although investing into the stock market can be risky, it can definitely be rewarding in the long run if one has invested into an exceptional company and has been able to preplan their course of action. …show more content…

I hadn’t really knew what to invest in, because there were so many options and companies that I could do so. After extreme thought and research, I came to the conclusion that I needed to make a portion of my investments to ULTA Beauty. ULTA Beauty produces cosmetic and fragrances. This, in the end was my best investment producing me the most profit. My reason behind this was due to the fact that I knew that cosmetics are in huge demand and I couldn’t imagine the mass population to just instantly stop wearing makeup. The moment that I bought the stocks they were 116.85 dollars, and I invested 20,000 dollars equaling 171 shares. Even though each share were a little pricey cost of 116 dollars, I believe that it was in fact worth the buy. Today if I were to cash out on my stocks from ULTA, I would receive 29,360, making a profit of 9,360

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Ulta Beauty, Incorporated was founded in 1990 as a beauty retailer by Richard George, a former Osco drug Inc. president. In 1990, it was difficult for a consumer to purchase beauty products without shopping at various retail locations. Comparatively, Ulta Beauty offered a concept of All Things Beauty, All in One Place™. It is currently the largest retailer in the United States offering 200,000 products from 500 beauty brands through brick and mortar stores and e-commerce. The company offers fragrances, hair care products, skin care products, full service salons, and cosmetics.

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A. History about Ulta Beauty • Ulta Beauty is one of the largest cosmetic, fragrance, hair and skin care products companies in the United States. Since 25 years ago when Ulta has expanded so much and has become one of the most important companies in the United States. Ulta beauty is where you find all things beauty. You can find makeup, fragrances, skin care products, hair products and tools. Ulta offers more than 20,000 products from more than 500 different brands from different categories and prices points.

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