Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.

Strong bank earnings failed to sustain a rally on Wall Street, but stocks in Europe and Asia pushed higher. European and Asian indices gained after Wednesday's Wall Street rally.

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.

Analysts fell to the sidelines weighing in on Compagnie Financiere Richemont SA (CH:CFR – Research Report), Taylor Wimpey (GB:TW – Research

Richemont, whose brands include Cartier and ... is published independently from Dow Jones Newswires and The Wall Street Journal. Morningstar Research Services’ chief market strategist Dave ...

Richemont, whose brands include Cartier and ... is published independently from Dow Jones Newswires and The Wall Street Journal. We sell different types of products and services to both investment ...

we report that there might be potential disposals of underperforming brands in Richemont's portfolio. Still, we believe this might be seen as a positive catalyst by Wall Street analysts.

Companies in the S&P 500 appear increasingly focused on tariff policies under President Donald Trump, a point of potential volatility for the U.S. stock market, according to a research note from Citigroup.

Burberry shares in London trading surged after the luxury group posted better-than-expected sales over the third quarter, raising investor hopes that the sector is on the path to recovery.

Minot Light Capital, an investment management firm, recently released its fourth-quarter 2024 investor letter. A copy of the same can be downloaded here.

Citi analyst Paul Lejuez issued an updated price target for Tapestry Inc. (NYSE: NYSE:TPR), increasing it to $85.00 from the previous $60.00, while reiterating a Buy rating on the stock. The stock, currently trading at $73.