When will LVMH $LVMHF join the Trillion Dollar Club?
LVMH $LVMHF has just became the first European company to reach $500bn market cap. It has doubled it's valuation in less than 2.5 years. How long it will take to double it again?
Source: Bloomberg; Yahoo Finance
In which year will LVMH $LVMHF hit the $1 trillion mark?
LVMH's success during these times shows me that the wealthy are fleeing to safety in luxury goods instead of gold, Bitcoin, blue chip stocks, treasuries, etc.