By Chris Bailey of Financial Orbit | Wednesday 20 January 2021
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Back in early November here, I got all excited about the global luxury brand company Burberry (BRBY) on the basis that Asia – especially China – was getting closer to being half the overall sales of the business. Sales elsewhere in the world were under a bit more pressure but the historic chavtastic name felt cheap to me at about sixteen quid a share. After today’s third quarter update, the shares are up to above eighteen quid a share which is solid news for shareholders.
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