BUYS ON PUIG💡 Today we analyze Puig (PUIG)
Puig is a solid company that has begun an upward trend and, after a pullback, is approaching a key support area.
📈 Entry: €20
🚨 Stop: €19 (-5%)
🎯 First target: €22.5 (+12.5%)
🏆 Second target: €25.5 (+27.5%)
1. Financial Strength: Puig is a leader in the fashion and fragrance sector, with well-established brands like Paco Rabanne and Carolina Herrera.
2. Post-Pandemic Recovery: The company has shown strong recovery following the pandemic challenges, with solid growth in sales and margins.
3. Upward Trend: The price is in a corrective phase, approaching key support at €20, increasing the probability of a technical rebound.
4. Positive Outlook: Puig continues to invest in innovation and sustainability, positioning itself well in the market.
This analysis should not be considered investment advice.