$1000 Invested In Ulta Beauty 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Ulta Beauty (NASDAQ:ULTA) has significantly outperformed the market, yielding an average annual return of 29.12%. A $1000 investment in ULTA 15 years ago would now be worth $47,775.70, showcasing the impact of compounded returns on investment growth. Ulta Beauty currently holds a market capitalization of $19.60 billion.
April 26, 2024 | 3:00 pm
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Ulta Beauty has demonstrated exceptional growth over the past 15 years, with a $1000 investment growing to $47,775.70, reflecting an annual return of 29.12%.
The significant appreciation in Ulta Beauty's stock value over the past 15 years, as highlighted by the article, suggests a strong and consistent performance by the company in the retail sector. This historical performance, coupled with a substantial market capitalization of $19.60 billion, indicates a positive outlook for ULTA's stock in the short term. Investors might view this track record as a sign of the company's resilience and potential for continued growth, potentially driving further interest and investment in ULTA shares.
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