At what price are you planning to buy again? It should slowly stabilize again, even if it is very volatile. I like the growth and the expansion into Europe. Lg
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@BamBamInvest
Good question $ULTA would be another alternative.
Good question $ULTA would be another alternative.
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•@Tenbagger2024 I am already invested in $ULTA 😁 and $ULTA also has $ELF in its range, which means that it will also benefit indirectly. But since I'm very much into growth stocks and I'm not sure whether $ULTA will catch on in Mexico, for example, I believe that $ELF will have an easier time getting bigger, especially in the West. $ELF is very easy to add to the range and doesn't need e
own stores.
own stores.
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@BamBamInvest
In the long term, Elf Beauty continues to be a story, which many had recognized. That is why the share was overvalued and the correction was only a matter of time.
Nevertheless, it could still go a little lower, perhaps watch it a little longer.
In the long term, Elf Beauty continues to be a story, which many had recognized. That is why the share was overvalued and the correction was only a matter of time.
Nevertheless, it could still go a little lower, perhaps watch it a little longer.
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@Tenbagger2024 it can always go lower, it also depends on the investment horizon, I just don't think you can go too far wrong for a 5 year + position, especially if you are planning to enter in 2-3 tranches. The business model is also easier to understand, more stable and simpler than many other sectors. But $ULTA is certainly less risky at the moment in terms of downside potential.
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