The theme is broad, with different businesses, each business with its own advantages, limitations and obstacles, so they should be looked at individually, which members of this forum do.
While there exists the argument of increase of disposable income, middle class aspirations, the opposite reality is also has some weight, owning to a plethora of domestic problems or foreign issues, as we are part of global markets now. Of course, if the products and services are indeed premium, there exist takers irrespective of the state of the country, and as such, this part of revenue may continue to witness growth at all times, just like in US.
Along with the sustainability of a trend, and the participation not being restricted, the managements of companies should be focused, agile, even going against the tide if need be, which may benefit them in the future, thus making an impact, becoming the 1st brand that comes to mind, taking the majority of market share.
Very long story, although sometimes there could be visible signs in the form of valuations staying at elevated levels for extended periods of time, giving an impression that there indeed is something correct with the company.
I haven’t looked at any businesses from a trend point of view.
Have a position in Titan.
Subscribe To Our Free Newsletter |