Diageo shares currently present investors with the opportunity to buy into the alcohol giant at a very attractive valuation, well below the average earning multiple since 2015.
Due to slowing activity in Latin America and the Caribbean region, Diageo shares crashed in early November. We argue this drawdown rounds off a period of prolonged selling of the stock that started in 2021 when Diageo shares briefly traded above 4,100p.
Diageo shares now trade at 2,785p.
The company has provided investors with consistent returns for over two decades. The slowdown in their Caribbean and Latin ...
