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(Bloomberg) -- Ulta Beauty Inc.’s shares rose after fourth-quarter results topped Wall Street’s projections and the chain’s new chief executive officer said the company has almost no exposure to the brewing trade war.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Penn

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

All three of the major averages (^DJI, ^GSPC, ^IXIC) opened higher on Friday. It comes after the S&P 500 closed in correction territory on Thursday. One thing giving stocks a boost is the news that Senate minority leader Chuck Schumer (D-NY) will support a GOP funding bill, likely averting a government shutdown that would have started this weekend. Morning Brief Anchor Brad Smith and Yahoo Finance Markets & Data Editor Jared Blikre break down the action at the open. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Q4 2024 Ulta Beauty Inc Earnings Call

Here is how Fabrinet (FN) and Compass, Inc. (COMP) have performed compared to their sector so far this year.

Shares of DocuSign surged Friday morning after the electronic signature company topped analysts' estimates for the final quarter of fiscal 2025.

↗️ DocuSign (DOCU): The e-signature company logged higher-than-expected quarterly profit and revenue, boosted by its new AI-enabled products. Shares climbed 17%. ↗️ Alibaba (BABA): The Chinese tech company released a new version of its Quark virtual assistant, powered by its latest AI technology.

The heavy selling pressure might have exhausted for Viking (VIK) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

The stock market on Friday opened higher, a day after the S&P 500 entered correction territory. The Dow Jones Industrial Average was up 250 points, or 0.6%. The S&P 500 was up 0.9%. The Nasdaq Composite rose 1.

Based on the average brokerage recommendation (ABR), Nvidia (NVDA) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?