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Diageo Earnings Confirm the Long Case for Investors

 Sep 03, 2008 03:11 PM UTC
Return Risk
-30.51% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
DEO Positive 09/03/08 -24.20% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Diageo's (DEO) stock has struggled along with the overall market this year.

The concerns surrounding the stock (strong GBP, weak consumer, and rising input costs) should have been eased after last week’s conference call. If anything, Diageo’s H2 earnings reaffirmed the long case for investors.




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