Can Tiffany still sparkle as China trade war heats up?
Chinese headwinds have put pressure on the jeweller's share price this year and left the stock trading at a slight discount to the wider US market. Is this a buying opportunity for long-term fans, or is now the time to stay on the sidelines? We've been taking a closer look at this story.
Timing matters in investment. Shareholders in upmarket US jeweller Tiffany & Co (US: TIF) who purchased their stock three years ago should be sitting on a 46% profit. But those who bought one year ago - when the stock was buoyed by strong trading - may not be so happy. Their shares have since fallen by about 30%.
Of course, true long-term investors might shrug off both pieces of news and remind us that the shares…
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