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Movado's Stable Performance in Difficult Times Makes It a Stock Worth Considering

2014-12-04 01:56:47| Jewelry - Topix.net

When recessionary conditions or economic uncertainty prevail, can anybody go out shopping for a luxury product such as an expensive watch? It looks like an unnecessary thing at a time when people are trying to save the most of their hard-earned dollars to brace themselves for hard times. This point was hit home with the quarterly results of watch maker Fossil , which was hit hard because of high dependence on the European market.

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