These 3 Stocks Are on After-Christmas Sale
Thanks to a nearly 30% stock market rally in 2019, last year was a hard one for investors looking for obvious values. The few declines that did occur during the year were minor, and most stocks joined the broader market in rallying into 2020.
Yet deals are always available, as some stocks and industries fall out of favor and Wall Street shifts its focus elsewhere. The challenge is finding top businesses within this group. With that in mind, let's take a look at a few potentially attractive investments that trailed the market in late 2019 and limped into the New Year.
Beauty products retailer Ulta Beauty (NASDAQ: ULTA) was trouncing the market until late August when shares dove to push its annual return to just 3% compared to the S&P's 29% spike. Investors weren't happy to learn that demand challenges threatened management's initial 2019 plans, both on the sales and profitability fronts.
Source Fool.com
