Luxottica – Hot or Not

PUBLISHED: Thu, 21 Sep 2017 04:44:44 GMT

Luxottica (NYSE:LUXTY) produces and distributes sun and prescription eyewear. It is trying to merge with lens maker Essilor. It has a market cap of $27.8 billion, a PE of 24.58 and a dividend yield of 1.69.per cent. Guest Wayne McCurrie, Senior Portfolio Manager, Ashburton and resident expert Paul Theron from Vestact decide whether Luxottica is hot or not.

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