LUXURY STOCKS Luxury stocks (no US-listed ETF)

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09:15
Apr 15
Jelena Sokolova Bloomberg Markets
Luxury stocks near cycle bottom, good long-term hedge.
The luxury sector is cyclical and currently closer to the bottom of the cycle than the top, with depressed valuations on top of depressed earnings. For a long-term investor, it is a good place to be because the sector is not facing technological obsolescence and serves as a hedge against disruption from technology or emerging competition from Chinese competitors.
LUXURY STOCKS
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About LUXURY STOCKS Analyst Coverage

Buzzberg tracks LUXURY STOCKS (Luxury stocks (no US-listed ETF)) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.