I see that $RMS.PAstock is doing quite well this year compared to $MC.PA. I think Hermès is a great company with a nice business, however the stock is really expensive right now and a bigger drop would have to come for me to start thinking about buying.
Do you have shares of $RMS.PA in your portfolio?
If I had to choose, it would be $RMS.PA, as the performance is better and the company is doing better overall in all respects.
From Europe, I think it's one of the best companies, but the valuation is pretty high right now.
It's a good company, but I'm quite frightened by the current situation in France. So I'm not buying yet.
I have $MC.PA stock in my portfolio, but $RMS.PA looks very interesting too.
Why would there be a really big drop in share price for such a great company? How much do you think the current price is overvalued?