While constructive on long-term opportunities, we see it prudent to take a wait and see approach on HBI shares into 2021. We expect new CEO Stephen Bratspies to use 2021 as a year to invest in change and rebase the financials as a platform for improvement in future years." JPMorgan added Ulta to the focus list JPMorgan added the beauty supply chain store to its focus list and said the company is one of the "best" coronavirus recovery stocks. "We are adding ULTA to the Analyst Focus List as a growth idea given an expected strong cyclical upswing in a post-vaccine world. As we have been noting since early October, we view ULTA as one of the best COVID-recovery stocks in retail given the lack of social gatherings, mask mandates, and the elongation of work/learn from home while it still has a market-leading platform in a good category, solid unit growth, and is one of the biggest potential share gainers from the increasing mall dislocation."