By Chris Bailey | Wednesday 14 December 2022
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.
Four months ago I observed that “as the shareholders of Watches of Switzerland (WOSG) will cite, opportunities have remained pretty good for ‘curated selections of luxury Swiss watches contain some of the world’s finest timepieces from maisons including OMEGA, Cartier, TAG Heuer, Breitling and Patek Philippe’”. However, I was still grumpy about the shares and carried on Avoiding them. The stock was about 900p when I wrote that and - after today’s first half results - it remains at about the same price. But it does remain pretty volatile, with a last quarter share price range of c. 700p-1000p.
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