Considering investing in luxury stocks? While the best luxury stocks depend on your portfolio and investment goals, we've identified some luxury stocks that are worth keeping an eye on in the luxury goods sector. Keep reading to learn more about luxury stocks and how to start investing.
9 popular luxury stocks to watch
We round up a selection of stocks in or related to the luxury goods industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| LVMH Moët Hennessy Louis Vuitton Société Européenne (MC.PA) | 11.33% | €314.3 billion | Paris Stock Exchange | 357,865 | Buy now |
| Hermes International SCA (RMS.PA) | 7.51% | €225.3 billion | Paris Stock Exchange | 55,421 | Buy now |
| Kering (KER.PA) | 48.80% | €37.6 billion | Paris Stock Exchange | 277,604 | Buy now |
| Estee Lauder Companies (EL.US) | 44.33% | $31.6 billion | NYSE | 3,401,825 | Buy now |
| Harley-Davidson (HOG.US) | -24.89% | $3 billion | NYSE | 1,691,200 | Buy now |
| Inter Parfums (IPAR.US) | -29.86% | $2.8 billion | NASDAQ | 212,719 | Buy now |
| Carter’s (CRI.US) | -38.55% | $1.2 billion | NYSE | 656,300 | Buy now |
| Tata Motors Limited ADR (TTM.US) | (data unavailable) | $19.3 billion | NYSE | (data unavailable) | Buy now |
What to look for when investing in luxury stock
The luxury goods industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering luxury stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in luxury stock
- Research the luxury goods industry. Before investing, learn about the luxury stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the luxury stock(s) to buy. Search by company name or ticker symbol, like TIF or TTM. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy luxury stocks
Are luxury stocks a good investment?
While it's possible to turn a profit investing in luxury stocks, keep in mind that—like any investment—luxury stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the luxury goods industry, so carefully vet your picks before you invest.What are the best luxury stocks?
A lot of factors go into picking the best luxury stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong luxury stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular luxury stocks in or related to the luxury goods industry to help narrow down your options:
- LVMH Moët Hennessy Louis Vuitton Société Européenne (MC)
- Hermes International SCA (RMS)
- Kering (KER)
- Estee Lauder Companies (EL)
- Harley-Davidson (HOG)
- Inter Parfums (IPAR)
- Carter’s (CRI)
- Tata Motors Limited ADR (TTM)
Keep in mind that this is not a "best" list or a recommendation. It highlights some luxury stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each luxury stock below. Keep reading to decide if any of these companies are the right investment for you.
LVMH Moët Hennessy Louis Vuitton Société Européenne (MC)
LVMH Moët Hennessy - Louis Vuitton, Société Européenne, together with its subsidiaries, operates as a luxury goods company worldwide. The company offers wine and spirit products under the Ao Yun, Ardbeg, Armand de Brignac, Belvedere, Bodega Numanthia, Chandon, Cheval des Andes, Château Cheval Blanc, Château Galoupet, Château d'Yquem, Château d'Esclans, Cloudy Bay, Colgin Cellars, Dom Pérignon, Domaine des Lambrays, Eminente, Glenmorangie, Hennessy, Joseph Phelps, Krug, Mercier, Minuty, Moët & Chandon, Newton Vineyard, Ruinart, SirDavis, Terrazas de los Andes, Veuve Clicquot, Volcan de mi Tierra, and Woodinville brands; fashion and leather products under Barton Perreira,Berluti, Celine, Christian Dior, Fendi, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Marc Jacobs, Moynat, Patou, Pucci, Rimowa, and Vuarnet brands; and perfumes and cosmetics products under the Acqua di Parma, Benefit Cosmetics, Cha Ling, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, KVD Beauty, Kenzo Parfums, Loewe Perfumes, Maison Francis Kurkdjian, Make Up For Ever, OLEHENRIKSEN, Officine Universelle Buly, and Parfums Christian Dior brands. It also provides watches and jewelry under the Bvlgari, Chaumet, DANIEL ROTH, Fred, Gérald Genta, Hublot, L'Epée 1839, Repossi, TAG Heuer, Tiffany & Co.
| Closing stock price | €637.00 |
|---|---|
| Market Capitalization | €314.3 billion |
| Gross profit (TTM) | €54.7 billion |
| Profit margin | 13.26% |
| Revenue (TTM) | €82.8 billion |
| Earnings per share (TTM) | €22.00 |
| 52-week stock price range | €436.55 – €751.27 |
Hermes International SCA (RMS)
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a various equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, internet of things products, and shoes. It also provides silk and textiles for men and women; art of living and tableware products; beauty and perfume products; and watches.
| Closing stock price | €2,164.00 |
|---|---|
| Market Capitalization | €225.3 billion |
| Gross profit (TTM) | €11 billion |
| Profit margin | 28.54% |
| Revenue (TTM) | €15.7 billion |
| Earnings per share (TTM) | €42.60 |
| 52-week stock price range | €1,936.65 – €2,926.25 |
Kering (KER)
Kering SA manages the development of a collection of renowned houses in fashion, leather goods, and jewelry in the Asia Pacific, Western Europe, North America, Japan, and internationally. The company provides ready-to-wear products, accessories, and beauty products for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.
| Closing stock price | €321.35 |
|---|---|
| Market Capitalization | €37.6 billion |
| Gross profit (TTM) | €11.5 billion |
| Profit margin | 4.63% |
| Revenue (TTM) | €15.8 billion |
| Earnings per share (TTM) | €5.94 |
| 52-week stock price range | €146.54 – €354.20 |
Estee Lauder Companies (EL)
The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company offers skin care products, including moisturizers, serums, cleansers, toners, eye care, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as foundations, powders, concealers and setting sprays, lipsticks, lip liners and lip glosses, mascaras, and eyeshadows and eyeliners, as well as compacts, brushes, and other makeup tools.
| Closing stock price | $92.01 |
|---|---|
| Market Capitalization | $31.6 billion |
| Gross profit (TTM) | $10.7 billion |
| Profit margin | -6.44% |
| Revenue (TTM) | $14.4 billion |
| Earnings per share (TTM) | -$2.59 |
| 52-week stock price range | $47.94 – $104.53 |
Harley-Davidson (HOG)
Harley-Davidson, Inc. manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services.
| Closing stock price | $24.71 |
|---|---|
| Market Capitalization | $3 billion |
| Gross profit (TTM) | $1.5 billion |
| Profit margin | 10.74% |
| Revenue (TTM) | $4.7 billion |
| Earnings per share (TTM) | $4.20 |
| 52-week stock price range | $20.18 – $34.33 |
Inter Parfums (IPAR)
Interparfums, Inc. , together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations.
| Closing stock price | $87.43 |
|---|---|
| Market Capitalization | $2.8 billion |
| Gross profit (TTM) | $825.1 million |
| Profit margin | 11.24% |
| Revenue (TTM) | $1.5 billion |
| Earnings per share (TTM) | $5.13 |
| 52-week stock price range | $86.50 – $145.27 |
Carter’s (CRI)
Carter's, Inc. , together with its subsidiaries, designs, sources, and markets branded childrenswear and related products under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.
| Closing stock price | $32.47 |
|---|---|
| Market Capitalization | $1.2 billion |
| Gross profit (TTM) | $1.3 billion |
| Profit margin | 3.15% |
| Revenue (TTM) | $2.8 billion |
| Earnings per share (TTM) | $2.46 |
| 52-week stock price range | $23.16 – $56.03 |
Tata Motors Limited ADR (TTM)
Tata Motors Limited designs, develops, manufactures, and sells various automotive vehicles. The company offers passenger cars; sports utility vehicles; intermediate and light commercial vehicles; small, medium, and heavy commercial vehicles; defense vehicles; pickups, wingers, buses, and trucks; and electric vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial and marine applications; aggregates comprising axles and transmissions for commercial vehicles; and factory automation equipment, as well as provides information technology and vehicle financing services.
| Market Capitalization | $19.3 billion |
|---|---|
| Gross profit (TTM) | $1,132.9 billion |
| Profit margin | -2.81% |
| Revenue (TTM) | $3,022.1 billion |
| Earnings per share (TTM) | -$1.92 |
Compare trading platforms to buy luxury stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding luxury stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of luxury stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the luxury goods industry to know when to buy, sell or hold.Frequently asked questions about luxury stocks
Sources
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