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Diageo: This Is A Bargain
DiageoDiageo(US:DEO) Seeking Alpha·2024-08-01 12:30

monticelllo/iStock Editorial via Getty Images On 30/07/2024, Diageo plc (NYSE:DEO)(OTCPK:DGEAF) reported its fiscal year 2024 results. At the time of writing, the company's share price is down by more than 5%. Our team firmly believes this decline is unjustified. In our follow-up coverage, we recognized near-term challenges in the LatAm region And Destocking Activities; however, we support Diageo's equity story, thanks to 1) the Chinese and Indian subsidiaries' performance, 2) a quality asset-based portfoli ...