2024-02-19 06:30:00 ET
Costco Wholesale (NASDAQ: COST) is an excellent business, but the stock has some big drawbacks. The warehouse giant isn't very profitable, even for a retailer, due to its price-leadership selling approach. And shares are expensive, potentially limiting an investor's returns from here.
If you're shopping around in this niche but would like another option, you're in luck. There's a large, growing national retailer that's been posting double-digit profit margins, along with market-thumping customer traffic gains in recent quarters.
Read on for some reasons to consider Ulta Beauty (NASDAQ: ULTA) shares right now.
For further details see:
Forget Costco. Here's a Better Retailer to Buy Right Now.