Recap: LVMH
Magic Markets2023-10-18T22:56:30+02:00We first covered LVMH in May 2023. That wasn't a long time ago, yet so much has happened. We were worried that the valuation was much too high and time has proven us correct.
We first covered LVMH in May 2023. That wasn't a long time ago, yet so much has happened. We were worried that the valuation was much too high and time has proven us correct.
LVMH stands for luxury and exclusivity. Those who have held the shares for long enough would've gotten themselves closer to affording the products, as this has been a long-term winner. Do the numbers support the recent share price trend, or is this purely a momentum play?
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