LVMH

Shares of $MC.PA are still falling. They're already down 11% for the year, which I think creates a pretty interesting opportunity. $MC.PA is one of the largest positions in my portfolio and I'm currently overbought.

Are you overbought on $MC.PAas well ?

LVMH Shares Fall

- Share drop:

- Shares of LVMH $MC.PA fell more than 4% at the market open on Wednesday.

- Reason for the drop:

- The company reported second-quarter revenue growth that fell short of expectations.

- Revenue rose 1% to 20.98 billion euros ($22.76 billion), while analysts had forecast 21.6 billion euros.

- Impact on other luxury companies:

- Other luxury stocks...
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📈📊 Weekly event summary for the upcoming week!

This week is already going to be very interesting and the results of these companies can move the whole market.

Monday: Before the markets open , we will hear results from telecom company Verizon $VZ and luxury brand maker LVMH $MC.PA 🍾 Will the growth of the luxury segment continue?

Tuesday: EXISTING HOME SALES: 🏡 What's the mood of...
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Do you have a stock that makes up more than 10% of your portfolio?

For me it's $ASML and then around 8-9% is $GOOG and $MC.PA.

What do you think is a fair price for $MC.PAstock ?

I first bought around $670 and recently bought in around $740. Some people find this stock expensive, but for me, the stock is currently at a fair price, so I have no problem...
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Which European is your favourite?

For me it would definitely be$ASML and $MC.PA. Lately I've been quite taken with $DNP.WA and $OTIS.

Investors, did you buy any stocks this week?

I bought shares of $MC.PAthis week and I bought $CEZ.PR. I'm saving the rest of my cash for the coming weeks when earnings season is underway and perhaps some interesting opportunities could arise during that time.

Investors, what stocks are you planning to buy this week?

I am not planning any buying or selling, but I do want to take a closer look at the company and stock
$MC.PA.

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.

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?

What stocks have you been thinking about most recently in terms of potential investments? What are you planning on buying?

We're closed tomorrow, so give tips on something to analyze, for all of us. :) Personally, I'm watching and will most likely be buying $MC.PA and $CVS.

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?