LVMH Stock: Worsening Macros Raise Concerns (OTCMKTS:LVMUY)
· seekingalpha.com
LVMH (LVMUY) hits 6-year lows amid the luxury slowdown; macro risks in the US/China keep a Buy off the table despite cheap multiples. See here for more details.
It's only a matter of time before the tide turns, though. In fact, valuations are now getting close to becoming attractive again, so don't be surprised with yet...