, an investment management company, released its “Polen Global Growth Strategy” second-quarter 2024 investor letter. A copy of the letter can be . During the second quarter, AI remained the dominant narrative in markets.
The Strategy returned -1.63% gross (-1.91% net) compared to the MSCI ACW Index’s 2.
87% return. In addition, please check the fund’s top five holdings to know its best picks in 2024. Polen Global Growth Strategy highlighted stocks like LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC: ), in the second quarter 2024 investor letter.
LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) is a luxury goods company. The one-month return of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) was -5.91%, and its shares lost 22.
17% of their value over the last 52 weeks. On July 26, 2024, LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTC:LVMUY) stock closed at $144.28per share with a market capitalization of $360.
371 billion. Polen Global Growth Strategy stated the following regarding LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTC:LVMUY) in its Q2 2024 investor letter: "We trimmed (OTC:LVMUY) from 2.6% to 1%.
We think that after a period of excellent business performance, the business should see slower growth in revenues and margins over the next few years. While a portion of their demand is certainly durable due to its luxury positioning, it will still .