MONRY - Moncler: Good Prospects But Pricey
2024-03-06 11:01:57 ET
Summary
- Moncler is a component of my stock portfolio since the 25% drop we witnessed last October 2023.
- The company has incredible financials and good future perspectives.
- It is trading at its fair value, and I am waiting on the sidelines for better opportunities.
With this article, I would like to expand the tickers I have covered on SA, focusing also on companies from my home country, Italy. While the Italian Stock Exchange is nothing compared to major American stock markets like Nyse or Nasdaq, it hosts some interesting companies that are worth studying and analyzing. Today, I will begin with Moncler ( OTCPK:MONRF ).
Moncler is a component of my stock portfolio, and it is going to stay there for a long time. I bought my first shares on the Italian Stock Exchange last October 2023 after a stock price decrease of around 25% from previous peaks. The company has good prospects, a good management team, and terrific financials, however considering the recent stock price increase of around 40%, I think it is better to wait on the sidelines for better occasions....
Moncler: Good Prospects But Pricey