As Israel-Hamas War Rages, Oil Traders Focus on IranUpdates this week from luxury purveyor LVMH Moet Hennessy Louis Vuitton SE, fragrance manufacturer Givaudan SA and discount airline EasyJet Plc will be closely watched for signs of dimming demand and margin pressure.
Pricing in the airline industry faces tough year-on-year comparisons after 2022’s inflation spike, which could weigh on future performance now that peak summer demand has passed, according to Bloomberg Intelligence. Tuesday: LVMH’s revenue growth should outpace the luxury goods average, according to BI’s Deborah Aitken. Its debt burden is low, leaving strong cash flow for investment, buybacks and sizable deals. Third-quarter organic revenue is expected to have climbed almost 12%, driven in large part by the company’s Fashion & Leather Goods segment, which is seen up 11%, according to estimates compiled by Bloomberg.
Hold high growth small-cap stocks such as Tidewater Renewables in your TFSA and benefit from outsized gains in the upcoming decade. The post The TFSA Play: Turn $6,500 Into a Retirement Goldmine appeared first on The Motley Fool Canada.