TheStreet's Jim Cramer is a fan of Ulta Salon (ULTA) - Get Report , which he says is benefiting from the fact that anyone, at any time, can have their picture taken for Facebook (FB) - Get Report or Instagram. Because of that, Cramer says people want to look their best and Ulta is the beneficiary. Cramer also says Ulta has a strong partner in Estee Lauder (EL) - Get Report , which provides training to employees. Cramer says Ulta's double digit sales growth is impressive given that other retailers are having trouble. Ulta reported strong results late Thursday and also issued a positive outlook for the year.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.