11 Best Global Luxury Stocks to Buy
In this article, we will take a look at the 11 best global luxury stocks to buy now. If you want to skip our discussion on the luxury goods industry, go to the 5 Best Global Luxury Stocks to Buy.
According to JPMorgan, even though the US consumer is reducing expenditure on non-essential items, the demand for luxury goods remains robust. The research by the New York-based diversified financial services firm revealed that the luxury goods industry grew by 7% year-over-year (YoY) during Q4 2022, underscoring the industry’s ability to withstand challenges. Consumers have been showing an inclination toward luxury goods by drawing upon their accumulated savings from the COVID-19 pandemic period. JPMorgan’s findings suggest that excess…
