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.Since we advised taking half profits this time last year, the stock price has moved only slightly higher by around 5%. Diageo remains a Buy for its exposure to the growing middle class in emerging markets and consumers trading up in developed markets, helped by the recovery in travel and bar sales as lockdowns ease.- Gavin Graham
Current Advice
Buy
Consult your broker/advisor
Capital Gain/Loss
103.7%