What Did You Buy Today?

[fenders53]

(07-30-2020, 02:27 PM)EricL Wrote:

(07-30-2020, 02:19 PM)fenders53 Wrote:

(07-30-2020, 02:08 PM)EricL Wrote: Sold out of my ULTA and bought OLLI as a replacement in my trading portfolio.

Can't buy them all but I regretted not pulling the trigger on Ultra several times.  How did you do?

Up and then down. Lost about 5%.

With work from home and no social gatherings, I'm not expecting a quick recovery for ULTA anymore.

OLLI is a discount store that has been expanding rapidly and looks to have a decent balance sheet. I think it could be a good long-term hold.

I've done well in the past with ROST and DG, and see what BURL and FIVE have done. I think OLLI could be a similar story.

Probably time to walk away.  That should be more about what's likely to happen in the next six months.  ULTA is a good company I'd own on a really hard dip, but their mall presence is going to wreck 2020 Christmas season. 2021 Christmas is too far away. Better opportunities in a trading port.