We came across a bullish thesis on Diageo plc on Global Equity Briefing’s Substack by Ray Myers. In this article, we will summarize the bulls’ thesis on DEO. Diageo plc’s share was trading at $95.01 as of September 29th. DEO’s trailing and forward P/E were 22.27 and 11.34 respectively according to Yahoo Finance.
Diageo, the London-based global beverage company behind brands like Johnnie Walker, Guinness, and Smirnoff, has faced a challenging year, with its stock down 26% YTD and...
