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
Sorry, you do not have access to this content.Income Investor
Sorry, you do not have access to this content.Diageo has risen over 35% since our update in February. I expect to see strong growth this year as it recovers from the effects of COVID-19 and as it leverages both its exposure to rising middle class consumption in emerging markets and premiumization (consumers buying more expensive drinks) in developed markets. It remains a Buy - Gavin Graham
Current Advice
Buy
Consult your broker/advisor
Capital Gain/Loss
155.6%