Glennjdk @Glennjdk: "𝐑𝐢𝐜𝐡𝐞𝐦𝐨𝐧𝐭 𝐜𝐨𝐮𝐥𝐝 𝐛𝐞 𝐚 𝐠𝐨𝐨𝐝..."

Denmark

𝐑𝐢𝐜𝐡𝐞𝐦𝐨𝐧𝐭 𝐜𝐨𝐮𝐥𝐝 𝐛𝐞 𝐚 𝐠𝐨𝐨𝐝 𝐜𝐡𝐨𝐢𝐜𝐞 𝐟𝐨𝐫 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬. While the last 12 months have been favorable for large U.S. tech companies like $AAPL (Apple) and $NVDA (NVIDIA Corporation) propelling the $NSDQ100 to new heights earlier this year, it has been a contrasting story for European luxury companies. The leading luxury company $MC.PA (LVMH Moet Hennessy Louis Vuitton SA) has experienced a nearly 20% decline in the past year, while $CFR.ZU (Compagnie Financiere Richemont SA) although performing better, still shows a nearly 3% decrease over the same period. However, there are many positive aspects to appreciate about Richemont. Long-term trends are expected to favor luxury companies. Richemont has managed to double its jewelry sales in the past five years and is enhancing margins for its specialty watchmaker segment. The question remains: Is it the opportune moment to invest in the shares? You can find my thoughts here: www.investseekers.com/post/richemont-luxury-with-lasting-value Have a nice Saturday