A great example of this would be investing in Hermes. This company is recognized worldwide for the quality of the products it offers, which are used by many well-known artists.There are some people who find that investing in Hermès shares on the stock market is even better than investing in gold. The reason? Its excellent profitability and recognition.It was also one of the first luxury fashion brands to expand to other continents. We will show you how to invest in Hermès, the value of Hermès shares and how to buy them.
Hermès International S.A., is a fashion company headquartered in Paris, France. It was founded in 1837 as a saddle store by Thierry Hermès. Then in the 20th century it changed its design to the fashion industry, they are specialists in creating luxury watches and ready-to-wear leather accessories.It has a logo that is quite recognized in fashion, it consists of a carriage with a horse and a man standing in front of it. In case you don’t know how to buy from Hermès, it runs its sales through the official website and each of its stores located around the world. This brand is used by many well-known models and artists.In the 1980s, the company manufactured a handbag and named it Hermès Birkin, after a famous British actress Jane Birkin. It has a design that is not only beautiful but also outstanding. It is currently considered to be the most expensive and sought after handbag worldwide.It also offers long-lasting fragrances, ranging from sweet to intense scents. The competing brands of this great company are: Chanel, Christian Dior, Louis Vuitton and Cartier.
The Hermès share price has been on an upward trend in recent years, helping the shares to become more and more valuable. In 2008 alone, the Hermès share rose from 77 euros to more than 110 euros. Then 10 years later each share was worth more than 440 euros, giving the possibility to invest in the long term without suffering many losses.In 2011 the shares obtained a low that reached 270 euros, then in 2015 the company managed to get the Hermès shares to gain momentum. They reached 358 euros and continued to rise after that. Currently the price of Hermès shares is just over 820 euros each.The shares are listed on the Hermes Nasdaq exchange under the abbreviation HESAY, and are also listed on the French CAC 40 stock index. This gives the company a place in the top 40 companies with the largest market capitalization.Buying Hermès shares: Advantages
Buying Hermès shares: Disadvantages
Although there are several ways to buy a Hermès stock, we will explain the easiest one. All you have to do is consult a stock broker and trade within the market of your choice. Stock brokers work through a financial derivative product that trades on the market for us.Each broker has unique characteristics such as: minimum amount to trade, type of investment they use, whether they charge commissions to trade or not. The choice will only depend on your taste, the most common and safe ones are: Plus500, IQ Option, eToro, Admiral Markets and XTB.Below, we will explain how to buy a share of Hermès stocks through the broker IQ Option.
In this broker you can find out how much a Hermès share is worth in real time, as well as analyze its low and high prices.