Stock in watch companies

764 Views 7 Replies 8 Participants Last post by  timefinder
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I think it is interesting... Consider this: With a booming economy in Asia, people are getting richer. Not all can buy big houses are expensive cars, but they can own an expensive watch... I believe a watch is still the only piece of jewelery that is accepted all over the world, for men as well as for women... So in the long term, buying these stocks can make a decent return IMO. If you look at all the brands that the Swatch group owns (from low to high range), and the fact they got hammered these last couple of months, it's on my watch (no pun intended) list... :thumbup1:

Here are some interesting charts of the Swatch Group...

10-year chart

1-year chart

last month chart

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