Oct. 17 at 2:10 AM
$LVMUY
In June, I highlighted an important valuation pattern: over the past 15 years, LVMH has traded at an average multiple of 24x earnings, rising to 27x over the last decade. At that time, shares were valued at 20x forward earnings, implying a roughly 20% discount to the company’s historical premium. Following that signal, LVMH’s shares rebounded approximately 30%, reaching the higher end of its valuation trend at 27x. I have since closed my position. See my charts and thesis at Beehiiv! This post is open to all!
https://lextrading.beehiiv.com/p/louis-vuitton-victory-lap