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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| SWGAY | +12.46% | +9% | +1.74% | +341% |
| S&P | +16.23% | +94.45% | +14.22% | +478% |
The Swatch Group AG engages in the design, manufacture, and sale of finished watches, jewelry, watch movements, and components. It operates through the Watches & Jewelry, and Electronic Systems segments. The Watches & Jewelry segment is involved in the designs, production, and marketing of watches and jewelry. The Electronic Systems segment develops, manufactures, and sells electronic components and sports timing activities. The company was founded by Nicolas Georges Hayek in 1983 and is headquartered in Biel, Switzerland.
The protests that have intensified in Hong Kong since June have implications beyond the local economy -- they could also affect the international companies in your portfolio that do business in the area.
At the Baselworld expo, Swiss watchmakers like LVMH's Tag Heuer and Swatch Group's Tissot talked a big game with their smartwatch ambitions, though neither will truly compete with the Apple Watch.
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