Stock price when the opinion was issued
Luxury market in recent downdraft. This one's performed better on the 5-year chart. 200-day MA has been moving higher, with the stock price slightly below but hugging that MA. Doing everything right, but demand might be soft.
Right now, he has no luxury goods companies. A sluggish China has affected these names. Fiscal stimulus may help, but it's wait and see.
It is a really good story with great return metrics and a fairly significant growth path. It targets the ultra high net worth of the demographic which does not tend have significant issues during a recession. Buy the dips. Buy 14 Hold 10 Sell 3
(Analysts’ price target is $2189.87)