Diageo is the largest spirits producer in the world (Johnnie Walker, Smirnoff, Bailey’s, Tanqueray, Captain Morgan, Guinness, etc.) The stock trades mainly in London but is listed in New York as an American Depository Receipt (ADR). Each ADR represents four shares of the company’s common stock.
Wealth Builder
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Income Investor
The share price has stabilized after two years of lacklustre growth, and the stock is selling at less than 20 times forecast earnings. This is a chance to invest in one of the world’s leading consumer products companies at a price below where it was selling five years ago. Buy. - Gavin Graham
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DEO was first recommended here on September 4, 2007