10-30-2020, 03:44 PM
(10-30-2020, 03:37 PM)divmenow Wrote:(10-30-2020, 02:56 PM)EricL Wrote: Sold out of my ULTA position and used the proceeds to initiate a position in ETSY.
Eric noooo... Don't sell ULTA.. It was one of the few in the green today![]()
You should have kept both. They go hand and hand.. Didn't you get my memo about women shoppers lol. I love ULTA. I have 2 daughters who shop there weekly. Well my money![]()
Honestly for me I have no reason to sell it. They are doing very well. If it gets to $185 or so I will add more.
I'm kidding with you. Hope it works out.
I had to sell something to buy ETSY. I think ULTA will be fine long-term, but with another COVID wave, I don't think it's going anywhere soon. I like ETSY's growth prospects much more than UTLA's over the next couple of quarters.