How Does The Current Fall In Diageo Stock Compare With That During The 2008 Recession?
Getty Images for The Asian American Foundation The fall in DEO stock has been far from consistent. Returns for the stock were 39% in 2021, -19% in 2022, and -18% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 24% in 2023 — indicating that DEO underperformed the S&P in 2023. In fact, consistently beating the S&P 500 — in good times and bad — has been difficult over recent years for individual stocks; for heavyweights in the Consumer Staples sector including WMT, PG, ...