20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Ulta Beauty (NASDAQ:ULTA) has outperformed the market over the past 15 years by 17.63% on an annualized basis producing an average annual return of 30.35%. Currently, Ulta Beauty has a market capitalization of $21.11 billion.
Buying $1000 In ULTA: If an investor had bought $1000 of ULTA stock 15 years ago, it would be worth $56,958.33 today based on a price of $437.44 for ULTA at the time of writing.
Ulta Beauty's Performance Over Last 15 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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