Buffett’s new stock recommendation: Ulta Beauty is a value play after 30% sell-off
Warren Buffett’s Berkshire Hathaway recently issued a new stake in cosmetics retailer Ulta Beauty, a deep value bet that confirmed the notion that the stock was significantly oversold. The Omaha-based conglomerate revealed a $266 million bet on Ulta Beauty in…
BMO: Invest for the long term and sleep at night with quality stocks
Even as the market recovers from last week’s global sell-off, investors should consider these stocks to hedge against the uncertainty ahead, according to BMO Capital Markets. Stock prices have been on a wild ride this month, but positive economic data…
5 things you should know before the stock market opens on Thursday, August 8
Here are the most important news that investors need to start the trading day: 1. Back down Shares closed lower on Wednesday, failing to fully recover from Monday’s sell-off. Dow Jones Industrial Average fell 0.60% to close at 38,763.45, while…
