ENXTPA:MCLuxury
Is LVMH Fairly Priced After Steady Gains and Resilient Global Luxury Demand?
If you are wondering whether LVMH Moët Hennessy Louis Vuitton Société Européenne is still a quality luxury name at a fair price, you are not alone. That is exactly what we are going to unpack here.
The share price has been relatively steady but slightly positive, up around 1.2% over the last week and 3.6% over the past month, while sitting roughly flat year to date and modestly higher over 1 year. This hints at cautious optimism rather than a runaway rally.
Recent headlines have focused on...