Diageo: Getting Cheap But Not Yet Cheap Enough

AlexRaths

Diageo (OTCPK:DGEAF) (NYSE:DEO) is a global leader in alcoholic beverages, with iconic brands across categories like whiskey, vodka, tequila, rum, and gin. With a market cap around £63 billion and a trailing earnings multiple of 17x, the stock appears modestly valued given Diageo’s competitive advantages.…

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