ESLOF - EssilorLuxottica: Wait For A Pullback
EssilorLuxottica (ESLOY) is an excellent company that will likely come down in price more as a consequence of bearishness over the market in general, rather than any bearishness specifically towards the company itself. For this reason, it is best to wait for such bearishness to become more marked before investing in this stock.
The 2018 merger between Essilor and Luxottica has created the largest eyewear manufacturer in the world. Image provided by Les Echos.
For those who are unfamiliar with the firm, EssilorLuxottica is an Italian-French conglomerate in the eyewear sector, formed