This Is Going to Blow the Wealth Gap Wide Open

The most disruptive technology of this century is about to blow the wealth gap wide open. Artificial intelligence could soon cause millions of Americans to fall further behind and folks who heed this A.I. Code Red could land on the winning side of the growing wealth gap.

Follow The Ladies: These Stocks Cater To Women And Hit All-Time Highs As Stock Market Swoons

Aaron Bry
November 28, 2022

Every stock picker wants to find the next Apple Inc (NASDAQ:AAPL) or Amazon.com Inc (NASDAQ:AMZN) – sexy tech stocks with tremendous growth potential. But, this year, some of the most attractive stocks are the companies helping their customers feel more attractive

e.l.f Beauty (NYSE:ELF) and Ulta Beauty Inc (NASDAQ:ULTA) are two cosmetic and makeup companies that have strongly outperformed the market. Both stocks hit new 52-week highs on Monday, $56.92 a share and $461.57 a share, respectively.

A lot of factors have led to the strength of the makeup industry. Social norms make it more acceptable for young women, men and non-binary people to wear makeup, even in casual settings like school. Additionally, videos for makeup tutorials on YouTube and TikTok garner millions of views each week, spreading the popularity of makeup among young people.

Also Read: Elon Musk Lashes Out At Apple In Tweetstorm Over Threat Of Twitter App Store Ban: 'Do They Hate Free Speech?'

Another aspect to consider is makeup’s history as a recession-proof investment. Leonard Lauder, the founder of Este Lauder Companies Inc (NYSE:EL), coined the term “Lipstick Index” during the 2001 recession. The Lipstick Index refers to the phenomenon that makeup sales hold steady or even increase during recessions because things like lipsticks can offer women an affordable treat in uncertain times. 

Elf is known to be a cheaper option than more expensive makeup brands. Because of this, if anyone was going to benefit from the “lipstick index” phenomenon, it should be Elf. In fact, Elf has been strongly outperforming Este Lauder and some other more high-end cosmetic companies during the second half of 2022. 

Elf’s stock is up more than 100% throughout the last six months. Este Lauder’s is down more than 15% in that same timespan.

Unlike Elf, Ulta primarily operates as a storefront that holds many different brands, including Elf. Ulta has a deal with Target Corporation (NYSE:TGT) helping expand Ulta’s reach to areas where there are no Ulta stand-alone stores. 

So, next time you are struggling with your stock picks, ask your girlfriend where she’s shopping. Maybe you will find the next Elf or Ulta

Now Read: Recession Watch: Bank Of America Says US Economic Breakdown 'Could Come At Any Time'

Continue Reading...

Popular

Donald Trump Is In A Mad Rush To Fundraise As Much As Possible To Beat Joe Biden, Says Report

As the 2024 presidential race heats up, former President Donald Trump is engaging in a strategic charm offensive at Mar-a-Lago, hosting private dinners with top Republican financiers, including Oracle co-f

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Too much Atlantic in Atlantic City: Beach erosion has casinos desperately seeking sand by summer

ATLANTIC CITY, N.J. (AP) — The ocean and beaches have always been a part of Atlantic City's identity: from salt water taffy to Miss America bathing beauties to the name of the place itself, the city has been marketed as a place to have fun by the sea.

Sam Bankman-Fried Considered 'Coming Out As A Republican' On Tucker Carlson's Show After FTX's Bankruptcy: Report

Sam Bankman-Fried, founder of FTX, contemplated a controversial strategy to rebuild his reputation after FTX's bankruptcy in 2022, including a potential appearance on Tucker Carlson's show to denounce the "woke agenda," as revealed in a list of "bad ideas" disclosed in prosecutors' sentencing submission.

"Safe" Investors Who Don't Get Out of Cash NOW Could Lose Everything Over the Next Six Months - Ad

The next six months are going to be some of the most precarious times to invest in the history of the United States. Because for the first time, your money is at risk of being completely wiped out, even when you think it is safest. This bubble is on a schedule and to get out before your portfolio becomes shark bait, you need to...

Coinbase CEO Gave CNBC Anchor $1 In Bitcoin In 2015 — Here's How Much It's Worth Now

Cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) is one of the top-performing stocks of the last year, boosted by a rising price of Bitcoin (CRYPTO: BTC) and

New York to probe sputtering legal marijuana program as storefronts lag, black market booms

ALBANY, N.Y. (AP) — New York will evaluate its troubled recreational marijuana licensing program after lawsuits and bureaucratic stumbles severely hampered the legal market and allowed black-market sellers to flourish, Gov. Kathy Hochul ordered Monday.

The Next Big Leap in AI: "IMPERIUM" - Ad

Bill Gates, Jeff Bezos, and Mark Zuckerberg are pouring millions into it. (Gates even tweeted it's "one of the most powerful technologies of the 21st century!") And you can invest in this new technology, which we call Imperium, right alongside them ... starting with just $10.

Tesla Settles Racial Discrimination Lawsuit With Former Employee

EV giant Tesla Inc (NASDAQ: TSLA) settled a racial discrimination lawsuit with former employee Owen Diaz.

Crypto Pioneer: Do Not Listen to These So-Called Experts - Ad

Bitcoin's haters are out again. Despite the price doubling in the last six months alone...that hasn't stopped the experts from piling on. If you want to make game-changing money on this crypto bull market...There are five coins you must take a look at right away.

Crafts retailer Joann files for Chapter 11 bankruptcy protection

NEW YORK (AP) — Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending.

Millions Of Americans Are Considering A Mass Exodus If Donald Trump Wins Again, Says Report

As the 2024 presidential election nears, a notable trend is emerging: Americans are increasingly considering relocation to escape the potential re-election of former President Donald Trump.

$1k/Day in Crypto - Witness the Proven Strategy Now - Ad

Ever heard of those rare, almost mythical 100x, 200x or even 300x+ returns in the crypto world? Usually, they're the stuff of luck, hinging on choosing the right altcoin at the perfect moment. But what if there was a systematic, predictable way to achieve outsized returns in crypto?

Top 5 Tech Stocks That Could Blast Off In March

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Apple to pay $490 million to settle allegations that it misled investors about iPhone sales in China

Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone's sales in China that culminated in a jarring revision to the company's revenue forecast.

2,000,000 "A.I. Crown Jewels" Set for Mass Production - Ad

A.I. investors...get ready: Because this little-known supplier just received a GIGANTIC order from Nvidia. It's one of the biggest production runs in technology history. And it's part of the reason why Barrons says this supplier could see $100 BILLION in sales by 2025.

'Don't Be Afraid': Top Crypto Analyst Shares His Plan To Buy Dogecoin, Shiba Inu And Other Altcoins For Potential 5X Gains Post Correction

Crypto analyst Michael van de Poppe has advised investors to remain calm despite the recent dip in Bitcoin’s (CRYPTO: BTC) value. The analyst has suggested that these market corrections could be viewed as buying opportunities for traders.

MUST SEE By March 20: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on March 20.

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for April delivery rose $1.54 to $81.26 per barrel Thursday. Brent crude for May delivery rose $1.39 to $85.42 per barrel.

Regime Change At Federal Reserve? - Ad

The Fed just began the rollout of a new technology that'll "shake the US financial system". It'll likely go down in history as the biggest change to money since Western Union launched its "lightning lines" in the early days of the telegraph.

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.

Rupert Murdoch, 92, plans to marry for 5th time

Media magnate Rupert Murdoch, who turns 93 next week, has been married four times — and is engaged again, his representative said Saturday.

CRITICAL March 20th Warning - Ad

Jason Bodner is going public today with an urgent new warning. He believes the most popular investment of 2024 is set to pop... And it could all start just days from now. This has NOTHING to do with A.I. stocks... It has NOTHING to do with crypto currency... And it has NOTHING to do with high-flying tech stocks. Instead, this corner of the market you likely have cash parked in has swelled to nearly $6 trillion.

Boeing tells airlines to check pilot seats after report that an accidental shift led plane to plunge

Boeing is telling airlines to inspect switches on pilots' seats in its 787 Dreamliner jets after a published report said an accidental cockpit seat movement likely caused of a LATAM Airlines plane flying to New Zealand.

'Isn't It Romantic': Donald Trump Mocks Georgia Court Ruling On Fani Willis And Special Prosecutor Nathan Wade

Former President Donald Trump criticized a recent court ruling in Georgia that removed a special prosecutor in his election fraud case due to his romantic relationship with Fulton County District Attorney Fani Willis, sarcastically commenting on their travels together, raising questions about the fairness of the case and the potential impact on its outcome.

His System Isolated Nvidia -- Here's His NEXT Buy - Ad

Marc Chaikin's stock-picking system isolated Nvidia before its massive bull run this year. Now, it just flashed "BUY" on a new AI company that no one is talking about yet. It's not a household name... but Marc predicts it could quickly double or triple from here.

Canoo's Oklahoma Plant Gets A Green Light As A Foreign Trade Zone: Details

Canoo secures Foreign Trade Zone (FTZ) status for its Oklahoma City facility, a move expected to bolster its Made in America electric vehicle manufacturing strategy. With the U.S. Department of Commerce approval, Canoo anticipates improved profitability and a streamlined path to breakeven, paving the way for increased job opportunities in the region.

Insiders Buying Snowflake And 2 Other Stocks

Although U.S. stocks closed higher on Thursday, there were a few notable insider trades.

Kicking Yourself for Missing Out on Bitcoin? - Ad

Don't worry. One expert is saying another coin has 20X the potential of bitcoin. And with cryptos heating up, it could be the perfect time to get in.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service