Has done incredibly well lately. They have a unique brand, which makes their value. A lot of growth comes from China, so LVMH will continue to do well. They've reduced piracy very well and grow online operations well too.
Still likes it. A market that operates completely differently than everything else. Even when the price goes up, there's still high demand, as customers are insulated from ups and downs of economy. Perceived scarcity is prestige. The best luxury company in the world. Diversified. Great long-term hold.
LVMH (Moet Hennessy Louis Vuitton) is a American stock, trading under the symbol LVMUY-OTC on the US OTC (LVMUY). It is usually referred to as OTC:LVMUY or LVMUY-OTC
In the last year, 4 stock analysts published opinions about LVMUY-OTC. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for LVMH (Moet Hennessy Louis Vuitton).
LVMH (Moet Hennessy Louis Vuitton) was recommended as a Top Pick by on . Read the latest stock experts ratings for LVMH (Moet Hennessy Louis Vuitton).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered LVMH (Moet Hennessy Louis Vuitton) In the last year. It is a trending stock that is worth watching.
On 2023-05-31, LVMH (Moet Hennessy Louis Vuitton) (LVMUY-OTC) stock closed at a price of $175.09.
World's largest producer and distributor of luxury goods. Diversified businesses. Acquisition strategy working well. Share buybacks. Long term, consumer trend for premium products continues strong. Inelastic demand, no matter the price. Chart is all about higher highs and higher lows. Yield is 1.55%.
(Analysts’ price target is $210.00)