Today we have a concise retail sector recommendation, followed by updates on Eagle Bancorp (EGBN) and DreamWorks (DWA).
Ulta Salon, Cosmetics & Fragrance (ULTA)
from US Investment Report
In retailing our newest pick is oddly-named Ulta Salon Cosmetics & Fragrance (ULTA) of Bolingbrook, IL. Call it a beauty retailer, if you will. With earnings expected to grow 25% a year, the stock gapped up from 100 to 117 in mid-September, but we can see it hitting 135-140.
Strong Buy. Target Price 135. Suggested Loss Limit 108.40.
Stephen Quickel, US Investment Report, www.usinvestmentreport.com, 215-862-0399, October 18, 2013