I bought Luxottica (LUX) to take advantage of low Euro May 31, 2010
Posted by deminvest in European Stocks, LUX, Luxottica, stock I own, stocks.Tags: Euro, glasses, Italian stocks, lens, Okley, Rayba, sunglasses
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Luxottica is World’s top eyeglasses producer. It is Italian and will enjoy great advantages as the EURO goes down. A large share of LUX’s revenues are in USD, most of its expenses are EURO.
Brands owned by Luxottica: Ray-Ban, Oakley, Persol, Oliver Peoples, (more…)
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