Investors, what do you think about the share price of $MC.PA?
I don't find the current price bad at all anymore and the stock is down about 10% in the last six months.
LVMH
MC.PA
MC.PA Fair Price
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I see $MC.PA stock is down quite a bit this year. For this year, $MC.PA stock is down about 3%, but over the last six months, the stock is down more than 20%. The current share price still looks expensive to me, however, if the stock were to get below $625, I would be buying.
How do you view this company and at what price do you buy shares of this company?
This week I was looking at the shares of LVMH, a group that manufactures and sells luxury goods and has several well-known companies under it. The current share price doesn't look bad to me at all and the stock has been rising very nicely over the long term.
How do you feel about this company and do you have $MC.PA stock in your portfolio?
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https://zpravy.aktualne.cz/zahranici/za-spatne-obleceni-pokuta/r~ad69f8be56e511ee9ae20cc47ab5f122/ I came across this article a while ago which relates to my comment where I fear China is turning away from capitalism to somewhere it was a few decades back. With Xi trying to promote nationalism and national pride, one day the law may well be that it will basically mean "buy only Chinese products or we'll send you to jail".
Investors, how do you feel about $MC.PA and $CDI.PA? I find them to be a great investment, but the price tag is quite high, luxury brands whether clothing, alcohol, etc. will be with us forever and having customers from the 1% richest people in the world has its benefits too. How do you view these stocks? Do you own them?
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It's a great business and I would love to include $MC.PA stock in my portfolio, but the stock is currently expensive. Thus, I will wait for some downside.
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In case some of you are going on a longer trip;) https://www.acquired.fm/episodes/lvmh
The luxury fashion sector anticipates further growth in 2023, with reports projecting a 5-10% expansion by year-end. Factors contributing to this growth include increased disposable income among luxury consumers and an even more significant shift towards online shopping.
The American luxury goods market leads in annual revenue, accumulating approximately 65 billion U.S. dollars...
Read more
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Congrats to your first post, Kris :)) And thank you for being part of our community!
Anyone here invest in $MC.PA? Alternatively, what is your view on this company ? I have done my analysis and have been investing regularly since about December.
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I've already watched this company once and will definitely watch it again. Seems like a fine investment to me.
I would take at least $700 and below as a good buy-in/get-in position.