Ulta Beauty, Inc. (NASDAQ:ULTA) is one of the stocks Jim Cramer looked at. Cramer highlighted that he liked the stock, as he commented:

Third theme is the trade downers. There are plenty of people who are being hurt by the new bout of oil-induced inflation. We got a tame CPI number this morning, but it’s from before we attacked Iran, so it doesn’t count at all. What does count is that the financially challenged families are moving down to Burlington, Ross Stores, and TJX with its HomeGoods, Marshalls, and… TJ Maxx… The more adventuresome can buy Dollar Tree or Dollar General, the latter of which reports tomorrow. By the way, I like Ulta Beauty, too, the cosmetics retailer that reports tomorrow night. I don’t like putting a gun to my head, though, but you should buy some of these here and then buy some more after you see the quarter.

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Ulta Beauty, Inc. (NASDAQ:ULTA) provides cosmetics, skincare, haircare, and fragrance products. In addition, the company offers in-store beauty services, including hair, makeup, brow, and skin treatments.

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