Shares in LVMH Moët Hennessy Vuitton SE are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken. Investors have an opportunity to buy the stock and target the € 275.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
LVMH Moët Hennessy Vuitton SE accounts for 5.11 % of our European Portfolio. A trade is currently open since 02/28/2018 with a purchase price of € 246.30. Discover the other 19 stocks of the European portfolio managed by the 4-traders portfolio management team.
The group's activity appears highly profitable thanks to its outperforming net margins.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The group usually releases upbeat results with huge surprise rates.
Analysts covering this company mostly recommend stock overweighting or purchase.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 230.4 EUR