07-30-2020, 02:27 PM
(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.