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Diageo plc (DEO): A Bull Case Theory 

We came across a bullish thesis on Diageo plc on Value investing subreddit by Weldobud. In this article, we will summarize the bulls’ thesis on DEO. Diageo plc's share was trading at $89.93 as of January 13th. DEO’s trailing and forward P/E were 21.27 and 10.57 respectively according to Yahoo Finance.

[caption id="attachment_1054912" align="aligncenter" width="768"] Photo by Gio Bartlett on Unsplash[/caption]

Diageo plc, together with its subsidiaries, engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific,...