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Showing posts from October, 2024

Is LVMH a Buy After the Recent Dip or Just Catching a Falling Knife?

 LVMH ($MC), the global luxury goods giant, has recently been hit hard, with its stock price taking another beating after its third-quarter results missed expectations. Growth forecasts have been adjusted downward, with JP Morgan lowering its target price from 720 EUR to 685 EUR. This has raised the question: Is this a great buying opportunity or just a case of catching a falling knife? Nobody can predict the perfect time to buy, but when a strong business like LVMH is down 35% from its all-time high and sitting around a support level, we see potential value for long-term investors. If the stock price continues to drop, it could present an even better opportunity to accumulate more shares in a high-quality company. For those unfamiliar, LVMH owns 75 luxury brands, including Louis Vuitton, Dior, Kenzo, Bulgari, and even Princess Yachts—brands synonymous with luxury and resilience. From a technical perspective, the 576 EUR level appears to be a solid support as the stock has bounced ...

PVH Corp ($PVH) at Strong Support: Is It Time to Buy?

PVH Corp, the parent company of iconic brands like Tommy Hilfiger, Calvin Klein, and Heritage Brands, is currently sitting at a strong support level. For technical analysis enthusiasts, this might be an intriguing opportunity to get in before the stock potentially makes its next move. The Technical Setup: Catching the exact bottom is never easy, but charts can sometimes "speak" to us, showing potential signals if we know how to listen. Currently, PVH is holding a key support level on both the weekly and daily charts. While there’s always the possibility that it could break below this level, this long-standing support suggests that the stock has strong backing here. If it does break to the downside, it may present an even better opportunity to accumulate shares at a lower price. But for now, the strength of the current support level makes this a potentially attractive entry point. The Fundamentals: Looking beyond the charts, PVH also has some appealing fundamentals: P/E Ratio...

Toyota at Support Level: Is It a Good Time to Invest?

Toyota ( $TM ) is currently at a technical support level after breaking a long-term downtrend and returning to retest that breakout.  For those familiar with market patterns, this is often referred to as the "return to the scene of the crime," a moment when the stock revisits a key level before deciding its next move. Key Metrics: Price-to-Earnings (P/E) Ratio: The stock is currently trading at a P/E ratio of 7.22, with a forward P/E of 7.74. These numbers suggest that the stock is relatively cheap compared to its earnings. You can check details here Price-to-Earnings Growth (PEG) Ratio: The PEG ratio is at 0.43, an extremely promising figure. A PEG below 1 often indicates that a stock may be undervalued considering its growth prospects. Dividend Yield: Toyota is paying a 2.73% dividend yield, making it attractive to income-focused investors in addition to those seeking capital appreciation. Price Target: With an analyst price target of $234, there’s an upside of more than 2...