LVMH $MC.PA+0.7%
LVMH is a huge concern specializing in luxury goods and under this concern fall brands such as Louis Vuitton, Moët & Chandon, Hennessy, or Dior.
Overall, this concern is quite financially stable and its stock is growing solidly.
LVMH
MC.PAOpen €711.90
Day range €703.10 - €714.70
52 week range €644.00 - €892.70
I see a lot of potential for this group because they are doing well and in the future I think that rich people will keep buying these products.
How do you view this concern and this industry ?
In case some of you are going on a longer trip;) https://www.acquired.fm/episodes/lvmh
This way, I'd like to jump in but I'd probably need some kind of split... it's quite an expensive stock for my taste..
Hey and you know shareholders need to stop drinking beer and whiskey and start drinking champagne and cognac🤔😂
Great stock, I think probably one of the best risk/reward.
Stability, yes. These brands can be bought separately nowadays, teva such Dior etc. and it's not that big of a bat
In a word, stability. What more can I say. I'm more interested in how they will continue to grow, will they go to other markets or are they planning any acquisitions?