Today I purchased DEO - Diageo plc.
I noticed not so many people know about this stock.
| Business Summary from Yahoo Finance |
|---|
Diageo plc produces, markets, and sells alcoholic beverages worldwide. It offers scotch and Irish whiskey, gin, vodka, rum, beer and spirits, Irish cream liqueurs, wine, Raki, tequila, Canadian and American whiskey, Cachaça, and brandy, as well as adult beverages and ready to drink products. The company’s premium brands comprise Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Tanqueray, and Guinness. Its reserve brands include Johnnie Walker Blue Label, Johnnie Walker Green Label, Johnnie Walker Gold Label 18 year old, Johnnie Walker Gold Label Reserve, Johnnie Walker Platinum Label 18 year old, John Walker & Sons Collection, Johnnie Walker The Gold Route, Johnnie Walker The Royal Route, and other Johnnie Walker super premium brands; The Singleton, Cardhu, Talisker, Lagavulin, and other malt brands; Buchanan’s Special Reserve and Buchanan’s Red Seal; Bulleit Bourbon and Bulleit Rye; Tanqueray No. TEN and Tanqueray Malacca; Cîroc and Ketel One vodka; and Don Julio, Zacapa, Bundaberg SDlx, Shui Jing Fang, Haig Club whisky, and DeLeón Tequila. The company was founded in 1886 and is headquartered in London, the United Kingdom.
I had this stock on my watch list for a while.
I like that at this moment this stock is trading close to lowest in 52 weeks.
I also like price target summary (yahoo)
| Price Target Summary |
|---|
| Mean Target: | 125.14 |
| Median Target: | 123.78 |
| High Target: | 137.00 |
| Low Target: | 116.00 |
I believe people will drink alcohol good or bad times.
Even if dividend yield 2.48% not so high, in my opinion overall this is a great stock to own and looks like a good addition to my portfolio.
I plan to make more purchases next week, so I will keep posting.
Thanks for reading.