Today’s Research Reports on Trending Tickers: Herbalife and Ulta Beauty
U.S. markets rallied on Monday, after posting its worst weekly decline in two years, as President Trump unveiled details from his long awaited $200 billion infrastructure plan. The Dow Jones Industrial Average spiked 1.70 percent to close at 24,607.27, while the S&P 500 Index jumped 1.39 percent to close at 2,656.00. The Nasdaq Composite Index rose 1.56 percent to close at 6,981.96.“It usually takes a few weeks to work through the kind of correction we had. With options contracts expiring on Friday and a day off for markets next Monday, as well as important data releases, this will be a volatile week, with a lot of intraday swings,” said J.J. Kinahan, chief strategist at TD Ameritrade, according to MarketWatch. “We are in a period when everything is being re-evaluated. The inflation number will be the first number after a tumultuous week, so people will be paying a lot of attention to it. Though, portfolio strategies should not change just on one data point,” Kinahan said. RDI Initiates Coverage on: Herbalife Ltd.
https://rdinvesting.com/news/?ticker=HLF Ulta Beauty, Inc.
https://rdinvesting.com/news/?ticker=ULTA Herbalife’s stock moved 1.28% higher Monday, to close the day at $82.19. The stock recorded a trading volume of 2,325,581 shares, which was above its three months average volume of 918,647 shares. In the last year, Herbalife’s shares have traded in a range of 50.70 – 84.96. The share price has gained 62.11% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $74.99 is greater than its 200-day moving average of $70.29. Shares of Herbalife are trading at a Price to Earnings ratio of 18.63. Shares of Herbalife have gained roughly 17.05 percent in the past month and are up 21.37 percent year-to-date. Access RDI’s Herbalife Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=HLF On Monday, shares of Ulta Beauty recorded a trading volume of 2,647,217 shares, which was above the three months average volume of 1,345,747 shares. The stock ended the day 4.15% lower at 209.48. The stock is currently trading 33.47% below its 52 week high with a 52 week trading range of 187.96 – 314.86. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $228.86 is greater than its 200-day moving average of $222.37. Shares of the company are trading at a Price to Earnings ratio of 26.77. Shares of Ulta Beauty have fallen roughly 11.73 percent in the past month and are down 6.34 percent year-to-date. Access RDI’s Ulta Beauty, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ULTA Our Actionable Research on Herbalife Ltd. (NYSE:HLF) and Ulta Beauty, Inc. (NASDAQ:ULTA) can be downloaded free of charge at Research Driven Investing. Research Driven Investing We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection. RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document. Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer. CONTACT For any questions, inquiries, or comments reach out to us directly at: Address: Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011 Email: [email protected] CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.