Diageo: A Stalwart, Finally "On Sale"

BalkansCat Dear subscribers The time has come for me to update my thesis on Diageo (NYSE:DEO), one that I started a few years ago when I invested in the company. I then went ahead and sold my position during what I viewed as overvaluation for this business back in late 2022, taking home a good amount of 35-40% RoR with dividends. I then put the company on my watchlist and followed it with great interest to be able to "get back in" at an attractive overall valuation to ensure a good long-term upside. As  ...