he has an outperform rating at a $360 price target on ulta.going to go back to putting their face on, as the saying goes, or at least that's what my mother used to call doing it. >> yes you look at ulta last year and cosmetics is half their business makeup or cosmetics sales were down 50% last year with the reopening trade, not having to wear a mask, categories such as lipstick, foundations, blush, all those things will start taking off. >> what is ulta's edge in this market that makes them a good bet, high margin, a better bet, for example, than any of dozens of other places where people can buy cosmetics? >> ulta's secret sauce is that they sell masks and prestige products under the same roof at the same time you can buy the more premium brands such as estee lauder and others inside their store. so they may go in to buy the mass products and then trade up. so we look at it as a one-stop shop for women for all their cosmetic products. >> looking at their stock performance and it's only up 14% year to date why is that? >> so if you look at ult

you just said ulta. >> to josh's point -- >> you just said ulta. that's the only one you could find in your bad, ulta >> i own macy's and nordstrom's in the bag i have been burnt by them. i have a hard time to invest in them for the next couple of years. i think what you have seen is this pull-through you have talked about for the next two and a half years i find there are other areas that i understand better, that i can invest in and not trade around because i think this is more temporary that you are seeing in certain stocks like a macy's. >> oh, okay. all right. that's fair. stephanie link, you own tjx, you own vf corp., no macy's or gap, but you like the consumer story, don't you? >> love the consumer story first and foremost to answer your question at the top, tech and com services 36% of the s&p 500 so we have to pay attention to those two sectors. >> i know. >> we have to. >> i know. >> and there are some really great opportunities. >> i know, but we -- >> we obsess about it. >> yeah, i hear you.

. >> one of the three company, at least three companies, jim, that have raised guidance, gap, ulta and salesforce. >> ulta. >> some of these two-year stats jim, i mean revenue up 89 is a number we're starting to get used to out of gap but up 8% on a two-year stack is, we're doing even better than we were pre-covid. >> single is, the ceo is doing a remarkable job david, denim. >> denim. >> denim, as themes, it's denim super cycle. and they're there. >> it's the american fabric. >> denim is? >> yes, i think so i heard that somewhere. >> that's levi's. >> overall, denim. >> mickey drexler said that. denim. >> he came on the earlier show - >> he did, the earlier show. >> "squawk box." >> broke my heart. >> broke my heart, too broke my heart, too. >> yeah. >> but i'm the tin man >> yeah. >> you are >> i know. you're looking you're searching for your heart. listen to the gap ceo? >> i was going to say it is an existential issue. >> let's listen to what the gap ceo had to say >> the experience in stores matters. and our stores are really, really important it involves our digital momentum, our

end of world war 2 and he was particularly active in the city of saturday of war after the war of ulta became a superhero even in comics. so how it's once the keeper vaulters memory alive and with it the fascination for comics. evil nazis and heroic partisans every child growing up in the former yugoslavia knew the story wall to defend sarajevo as well as the film it was a comic book that had millions of fans around the globe. comics were hugely popular in the former yugoslavia and alya shaliach hopes to preserve this tradition he's been a comic enthusiastic childhood he founded design publishing company this courtyard in sarajevo is home to a coffee comics as well as a shop which sells comic books and graphic novels there really it is more of a refuge. with the dallas ft worth i don't think anyone in bosnia today would enter the comic trade purely as a business venture worth of a 3 point you need to love comics or so aside from the fact that i'm trying to earn my living from it this is about my passion for comics through the series of is also an attempt to leave a few traces behind me

think the traffic is actually surge especially since the state of california has reopened and then ulta beauty is a name that's a favorite. we don't believe that there's been a lot of makeup just used just yet but this is a name where think the skincare category is very, very strong. so as hair care and fragrance and we think makeup is nice duration trade to ulta beauty and some of the top ideas into this earnings season. >> on the list as well is gap and that surprised me. is it gap that you like or is it athleta that you like? all i seem to see or hear is that the main gap franchise isn't doing very well and closing stores left and right. >> yeah. so gap is a trading call we have into this quarter and part of the bullish aspect of the thesis is the fact they're closing the unprofitable gap stores so you have an earnings power and margin rate that's showcasing significant expansion and we continue to track promotional activity down substantially and think that stimulus dollars really aided a lot of top line especially as denim has become a top category and we should see that through ga

gap, all t ulta reporting. gab is back. crisp, clean and reasonable places ulta is a big winner once everyone can take their masks off and we hear from costco. costco has a tendency to run up into the quarter and sell off immediately if the numbers are great. it doesn't matter what they print. i love costco the store and stock and charitable trust but you don't want to buy it until after you see the results. let this one come to you finally, we've got two tech, sales force and dell sales force reported last name and nobody seemed to care because maybe they need to closn friday is light but we have two retailers that do intrigue me. big lots and hip it sports i bet both will be terrific. big lots got it together and sp hibbett. grab it for friday's trading the bottom line, all and all this is a historically weak release but enough new companies that will come public that are reporting, it's jam packed we like to use in the cliche term maybe, just maybe that can overshadow bitcoin or whatever the heck as long as elon musk can

plus we'll get more details on the state of the consumer when numbers from costco, gap and ulta beautye link is still with us and david joins the conversation mike, to you first of all. a positive week overall. perhaps the key takeaway from a lackluster final couple hours of trade today. >> the s&p 500 closes just about exactly on 4200. that's been really where it's been gravitating toward the last several months -- weeks and days, so it's kind of stuck there. i mentioned we had that fund rebalance at the close and it did seem like it was animating some of the sector activity. the expectation was the big momentum etf was going to be buying a ton of value names, financials and industrials and things like that because those have been where the momentum has been in the market and probably selling more of the tech and defensive type stuff so that seemed to be evident in a slow tape at the end of the day to shuffle things around but really again netting out to not a lot of movement on the headline index the market has been kind of sturdy but unhurried here. not a lot of urgency on either si

as salvage ulta saxon hosted group of boys the dappling left of the atmosphere and that section keeps up let keeps us going. go on to the office. we are going even one pains or time. those are the green brigade are overtly political, not always appreciated by the owners who worry that it might be bad for business. politics and football goes on. and what wasn't politics and ireland certainly there would be no salvage football club. tony's shrine is about more than just football. there's a world view on display here. anybody who knows by paula status, one of the grip and injustice to melinda, which way the green book keep it on the agenda around the flags of salvage park. those palestinian flags became highly controversial when celtic played, and israeli team oil, that shiva and champions leave match your pocket your way for find the club. a 1000 pounds, incense the funds, raise the collection the fund quickly exceeded 300000 pounds. the money was paid because palestinian charities with the oppressed anywhere around the word. 6 martine amelia owns newspapers in new york and belfast. he'

. >> reporter: at an ulta beauty store in miami, the top sellers like lip gloss and sunless tanners.re is empty because that's sunless tanners people want to look like they're tan even though they haven't been outside >> absolutely. >> reporter: cosmetics spending was up a hefty 23.5% in march year over year. >> when we had the mask requirement, it was all about the eyes now it's the whole face. >> reporter: the excitement splurge worthy. >> $800 later we're locked, loaded, ready to go. >> reporter: other soaring in popularity, breath fresheners, jeans, a bit of the bubbly one item store can't wash their hands enough hand sanitizers, which are now in surplus >> we have probably close to $2 million left and i don't want it if anybody knows anybody that could use a lot of hand sanitizer, please let me know. give me a call >> reporter: one chain has it. if you buy $10 or more of sanitizer, we'll give you a gift card equal to your purchase. >> reporter: america coming full circle with a fresh city set of priorities. >> great excuse to go shopping not to mention great for the economy, too

end of world war 2 and he was particularly active in the city of saturday of war after the war of ulta became a superhero even in comics bookstore now. it's once the keeper valdez memory alive and with it the fascination for comics. evil nazis and heroic partisans every child growing up in the former yugoslavia knew the story while to defend sarajevo as well as a film it was a comic book that had millions of fans around the globe. comics were hugely popular in the former yugoslavia and alya shallots hopes to preserve this tradition he's been a comic enthusiastic childhood he founded design publishing company this courtyard in sarajevo is home to a gothic comics as well as a shop which sells comic books and graphic novels there really it is more of a refuge within the dallas fort worth i don't think anyone in bosnia today would enter the comic book trade purely as a business venture were the 3 poor you need to love comics so aside from the fact that i'm trying to earn my living from it folks this is about my passion for comics through the series of is also an attempt to leave a few trac

if headed towards 520 into the ulta mount pass things are busy and coming out of tracy on 205, westboundere as well at least to north flynn and brake lights building around the dublin interchange. travel time 42 minutes westbound 580 to 205 towards 680. looking good so far on highway 4. no delays or issues. if headed out of the south bay 101 northbound busy working your way into san jose this morning. closure due to red flag warning from highway 101 to meadow road f. headed towards the golden gate bridge, a bit foggy and getting thicker now if headed 10 101 through salsaledo. and ride westbound out of the east bay heading into san francisco, trouble spot to the lower deck has been cleared out of lanes. michelle. >> thank you. >>> nbc says it will not air the golden globes in 2022, the move follows on going backlash fromie s over hod foreign press association's ethics and lack of diversity. the h fpa says last week it remains dedicated to becoming a better organization. >>> teeing off and breaking barriers how this college athlete is changing the world of golf. >>> and a live look outside

end of world war 2 and he was particularly active in the city of saturday of war after the war of ulta became a superhero even in comics books though now so how it's once the keeper valdez memory alive and with it the fascination for comics. evil nazis and heroic partisans every child growing up in the former yugoslavia knew the story while to defend sarajevo as well as a film it was a comic book that had millions of fans around the globe. comics were hugely popular in the former yugoslavia and alya shaliach hopes to preserve this tradition he has been a comic enthusiastic childhood he founded design publishing company this courtyard in sarajevo is home to a coffee comics as well as a shop which sells comic books and graphic novels there really it is more of a refuge within the dallas fort worth i do think anyone in bosnia today would enter the comic book trade purely as a business venture were a progress report you need to love comics or so aside from the fact that i'm trying to earn my living from it this is about my passion for comics through the series of is also an attempt to leav

earnings are heating up we'll get results from the like of nordstrom, capri holding, best buy, costco and ulta deck. the name down 9% over the last month as the chip shortage kopts. lordstown motors rescheduled its release from last week all eyes will be on their electric truck numbers fed powell will testify in front of the senate banking committee on tuesday big bank ceos will appear in frop front of the senate and the house on thursday. facebook, paypal and exxon mobile all hold shareholder meetings we'll get a slew of economic data new home sells and durable goods for the month of april that's your "friday fast forward. machin (vo) ideas exist inside you, electrify you. they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future, just like that. (vo) this is more than just a building. it's an ai-powered investment firm with billion-dollar views. a cutting-edge data-security enterprise. yes, with a slide. a perfect location for the world's first one-hour delivery. an inspiration f

ulta shares trading higher a blockbuster quarter. more than doubling wall street expec expectations retail boom for clothes. the gap is topping estimates raising the guidance gap credits strong active wear sales and fashions they tripled in a year and finally, costco beating the street the retailer did caution it is facing higher costs for a lot of things, including labor. so much left to do futures are soaring. dow futures up 200 we're back after this. >> announcer: today's big number $525,037 that's how much the average american will pay in taxes throughout their lifetime according to researchly by sel. that's the average of all lifetime earnings spent on taxes. residents of new jersey will pay e stn femeaxes ne can get me one step closer to my fiancé. dance on stage. spin class! i can't wait for my patients to see my smile again. to hug my students. to give my parents a proper send off. to go salsa dancing. no. i can't wait for you to meet my mom. play my piano for my friends. to give high fives to our patients. i think we are one

the shares are down 8% ulta is up 5%. it's now $346 stock.s having its best day so far this year. boeing is lower on the news the company is delaying deliveries of the dream liner amid a request from the faa boeing has clawed back to 247 but down about 1% today. let's get over to rahel for a cnbc news update >> the senate delayed considering legislation that aims to make the u.s. more competitive with china and other countries. the 250 billion dollar bill would boost investment in research and development and includes 50 billion dollar to address the globalchip shortage the bill will return to the senate floor on june 8th so there's more time to consider gop amendment. florida, a 14-year-old is facing first-degree murder charges in the death of a 13-year-old classmate. aden is being tried as an adult and faces a possible life sentence for stabbing tri stan bailey earlier this month. he's being held without bail >>> get ready for heavy traffic and crowded airports over the holiday weekend. the head of homeland security warning air travelers to

that helps ulta.ber of names we like that are taking the strength in the consumer in an omnichannel way. >> your take away from target and also given the fact that the retail earnings parade is not over yet, what are you most keyed in on or most bullish about in terms of the names that have yet to report >> right i think we may be entering a roaring 20s kind of scenario where you do see beats at all consumer names target's particularly impressive because they are against fairly difficult comparisons. so i'd be buyers of costco and bbja's they has stock in the prior year period, but we think they're doing well with more new members than ever. our focus next week is on burl burlington their stores look phenomenal fairly new managers there. most room for improvement in burlington, we think next week >> okay. we'll leave the conversation there. laura and michael, thank you for joining us >> thank you >> thank you >>> as we go to break, look at the road map for the rest of the hour the selloff continues. d

minister conferences and and complaining about but but trying to understand stalin's view of yalta the ulta agreements, which he essentially was violating right and left and they were trying to bring him back into the grand alliance of the the british the americans and and the soviets and it failed now i think by january there's a supposed meeting that that truman had with burns in january which truman claim he read the riot act is about stalin and the soviets burns claimed it never happened and they were the only two in the room, so we'll never know for sure. but there is a there is a change in january and the canon telegram happens and and the soviet the slicing and dicing of eastern europe and the attack on iran and the attempt to change the borders with turkey becomes so explicit that that at that moment, it's clearly there is a turning but we don't know because truman didn't make a lot of statements in public at that point churchill would have assumed that that there still had to be some arm wrestling. they're still had to be some guidance given by you know that the greeks to the roman

next up, the strength and fragrance, ulta beauty reports next week. we bought more for my travel trust and do that by joining the actionalertsplus.com club. again, like wynn norwegian cruise and disney, the stock is down i'm giving you stocks that are down i want to highlight one that got taken to the wood shed, airbnb that told a great story for everything except for international and unleashed 155 million shares a huge amount so this stock got crushed yesterday. i think you have to buy some now while offering a still settling. the smart institutions know to buy this maybe because money managers actually used airbnb they will buy some i know today is hard to read rallies in many woodstocks, the high growth names beloved by cathie wood. undoubtable money manager synonymous with incredibly over valued stock when i talk about the woodstocks, stocks like palinter and cybersecurity plays caught fire, too. another group that goes up when commodity prices go down like lumber and oil, it works in strange ways, doesn't it of course, att att was down again as

or the mask mandate lifted this quickly is probably a surprise when i think of no masks i think of ultauty we think about more dresses. to me dresses and makeup go hand in hand and in our mind that is a beneficiary of this announcement. >> sounds like you don't expect men to look better thank you. >> thank you for having us. >>> the wall of worry for tech will there be a squeeze on the sector earnings for airbnb after the break. can it bounce back our traders will discuss one of the many things you could expect when you're with amex. municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-376-4376. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized i

. >> names like ulta should have been better. it wasn't. >> pete, what do you make of the rally? is this going to be sort of the story line of the markets where we have the strong continuing rally in retail and we still have, you know, the higher valuation sectors, semiconductors today crushed, software continuing to get crushed. >> yeah. >> is this the continuing trend here >> i tend to think so, mel because of that i've just continued to add to positions or adding new positions as a matter of fact, home depot is a position i just put on about two months ago or whatever and i liked it because of all the reasons that they explained as they were going towards earnings and it really made a lot of sense to me and tim talks about the dyi guys and home building and the rest fitting into the program. 83% digital sales, i mean, that's absolutely crazy. that's what home depot is. 45% of sales to the pros they have bigger tickets they really are -- as much as we all bring up, hey, lowes doing a great job in competition and everything else. and they are they do not have the same type of bu

that kills female mosquitoes before they reach maturity the males then continue to breed passing the ulta gene on to more females it's a program the company says has been successful in brazil panama and malaysia in a november 2016 referendum 31 out of 33 monroe county precincts voted in support of our project some overwhelmingly so we like to say because it's true that our miskito has received more support and alexion than any human candidate while the majority of keys residents back the project some have concerns about the long term effects of a new technology you're going to risk our community you're going to ask the people in our community to be sacrificial lambs really because how else are you going to produce your mosquitoes if it weren't for the people in the caves donating their blood. despite some local resistance the pilot project received approval from the environmental protection agency the culmination of a decade long effort by mosquito control of our teas in tackling potentially deadly diseases nothing out there is a silver bullet we're looking to enter great whatever we can

. >>> as we head to break, the winners and losers ulta beauty is up 15%. stay tuned you are watching "squawk box" on sweetnorthernsaint cnbc ♪♪ ♪♪ ♪♪ >>> microsoft is warning about new hacking attempts by the group behind the solarwinds attack last year the company says russia based nobelium is targeting think tanks and non-profits. a quarter of the targets were involved in international development and humanitarian issues eamon javers covers all things cybersecurity for us eamon, this sounds targeted. >> reporter: it is really targeted, becky. according to the blog post from microsoft, they got into the usaid system for sending email alerts that is the government agency that sends foreign aid a lot of non-profits and ngos and foreign policy people and defense people are on the email list email that they sent out it looks like it is coming from usaid. it says special alerts president trump published new documents on election fraud. that is a baiting thing in email. why would donald trump send that months after he is no longer president of the united states

that kills female mosquitoes before they reach maturity the males then continue to breed passing the ulta gene on to more females it's a program the company says has been successful in brazil panama and malaysia in a november 2016 referendum 31 out of 33 monroe county precincts voted in support of our project some overwhelmingly so we like to say because it's true that our mosquitoes received more support and alexion than any human candidate while the majority of keys residents back the project some have concerns about the long term effects of a new technology you're going to risk our community you're going to ask the people in our community to be sacrificial lambs really because how else are you going to produce your mosquitoes if it weren't for the people in the caves donating their blood. despite some local resistance the pilot project received approval from the environmental protection agency the culmination of a decade long effort by mosquito control of our teas in tackling potentially deadly diseases nothing out there is a silver bullet we're looking to enter great whatever we can a