Previous Close | 803.80 |
Open | 812.50 |
Bid | 800.30 x N/A |
Ask | 800.40 x N/A |
Day's Range | 798.70 - 812.50 |
52 Week Range | 798.70 - 812.50 |
Volume | |
Avg. Volume | N/A |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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Investors always face contradictory forces in the stock market, and this recovery year of 2023 has been marked by a “bad news is good news” mentality, with sentiment directed toward an eventual decline in interest rates. For investors who grew used to better returns in the U.S. during the long bull market that ended last year, the best path forward may be one that is more spread out geographically. Nicole Kornitzer manages the Buffalo International Fund (BUFIX) which has a five-star rating (the highest rating) from Morningstar in its “foreign large growth” category.
Which may be why LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) could be a great stock to buy now. The world's largest luxury brand is riding through this economic rough patch in fine style as the affluent continue to spend through the global malaise. There are some 75 "houses" holding 60 different brands across wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and what it calls selective retailing.
Chairman Bernard Arnault boasted that the famed jeweler could be worth twice the $16 billion the luxury goods chain paid in 2021