Sidestep Brexit woes with Diageo
- A global company, with defensive products is an ideal tonic amid the Brexit uncertainty
- Don’t write off Diageo after its strong share price growth of the last few months – it is far better to buy great companies at high prices than rubbish ones when they’re cheap
Booze is one of the last things to be struck from many budgets in the wake of economic uncertainty. Politicians can be useless, currency declining and central banks struggling but the pub will always have our backs. That is one of the reasons why drinks maker Diageo (LON: DGE) is a defensive stock and its shares tends to do well in times of economic distress. Indeed, the group’s share price is up 13% in the…
Continue reading our content…
- Unlimited access to our market-beating portfolios
- In-depth coverage of many of the world’s great companies
- Unique insights from our top research team
- Company and markets insights
- Sponsored content
- Podcasts
Previous article Next article