The long side of the beauty products stock looks risky to me.
It may pay to keep this one on your future shopping list.
I would use today's decline in ULTA as an opportunity to go long via calls.
Let's check the charts and indicators.
The charts of EPC have been bearish since 2015.
It's frustrating when a stock sits there despite great fundamentals, but past valuations indicate investors eventually should be rewarded by the salon products retailer.
The advantage goes to P&G as the larger of the two behemoths in consumer staples has been posting stronger results of late.
But the NHTC backstory tempers the enthusiasm.
A look at the stock charts on upscale beauty store sensation Ulta should give investors reason for pause.
Fitbit's balance sheet remains solid and I still believe it is undervalued.