Shares of Louis Vuitton Moet Hennesy (LVMUY 10.06%) were moving higher today in symphony with a strong earnings report from luxury peer Richemont (CFRUY 17.11%), the owner of Cartier. The results seemed to indicate a long-awaited recovery in the luxury sector, and sector stocks broadly gained on the news.
Hannah Gooch-Peters of Sanlam Investments explains why she's cautious on luxury stocks like LVMH. "We would need a larger margin of safety for us to be able to get involved in that part of the market," Gooch-Peters said.
LVMH's stock is undervalued due to temporary market fluctuations and China's economic issues, but its strong competitive advantages and brand perception remain intact. I expect a recovery in 2025 driven by Chinese fiscal stimulus and continued demand for luxury goods, especially among Millennials and Gen Z. Despite potential European economic challenges, LVMH's long-term growth is supported by ...
Diversification is key: My portfolio includes a mix of REITs, BDCs, utilities, asset managers, preferreds, ETFs, and cash, tailored to personal risk tolerance and time horizon. .Alphabet is a strong buy despite regulatory challenges, with steady earnings and potential 15-20% returns over the next 12 months. ASML Holdings is a "wide moat" company with a virtual monopoly in high-end photolithogra...
Bad news for imbibers, as well as for investors in companies that manufacture and distribute alcoholic beverages today: On Friday, the U.S. Surgeon General released an "advisory" statement on the relationship between alcohol and cancer, linking alcohol consumption to "increasing risk for at least seven types of cancer."
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