Welcome to episode 154 of Magic Markets. We're diving deep into the beauty sector this week, exploring stocks that bring a touch of glam to the market scene.
Moe has his sights set on Ulta Beauty, the US-based beauty specialist retailer. After trading at around $546 a share back in April 2023, Ulta Beauty has seen some sharp moves, corrections, and a bounce. Moe takes us through the technical details, emphasising the importance of key support levels and the dynamics between fundamental results and market sentiment.
Ghost chose to delve into the South African beauty scene, focusing on Dis-Chem, the pharmacy group that is more than just a pharmacy: it's a beauty and healthcare haven. Unlike arch-rival Clicks, Dis-Chem has included dispensaries in the strategy since day one. This might explain why the market share over-indexes on front shop categories like medical suppliers, whereas Clicks is strong in small appliances. By also covering several other elements of the Dis-Chem business model (including the acquisition of Baby City), Ghost delivers insights that can be applied when assessing any retailer.
If you enjoy learning about the strategies used by global companies, then you’ll love Magic Markets Premium with a library of over 100 reports and podcasts with even more detail and depth. You can get access to all our work for just R99/month at this link.
This episode of Magic Markets is brought to you by B2IT data and process automation specialists. The company makes robots so that people don’t have to be robots.
If you hate it, automate it with B2IT by visiting the website at this link.
2022 is clearly a stock picker’s market. The days of throwing darts and making money are behind us. With that in mind, the hosts...
In episode 136 of Magic Markets, we kicked off the discussion by talking about retail stocks. They are always relevant to investors because people...
The income statement is the lifeblood of any business. Luckily, you don't need to be an accountant to understand what's going on there. As...
