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Shares I Love: Diageo

The spirits giant remains a compelling investment despite its Latin America woes, says Orbis manager Neha Aggarwal
Shares I Love: DiageoPublished on July 23, 2024
  • Diageo is as cheap as it was during the pandemic
  • The business can grow earnings and revenues, says the manager

Neha Aggarwal of Orbis Investments explains why she invests in Diageo:

Diageo (DGE) is the largest spirits manufacturer globally; known for iconic brands such as Johnnie Walker, Smirnoff, Tanqueray and Guinness. It has the biggest market share in the spirits category overall across key markets, accounting for 10 per cent of all spirits sold, and holds around 5 per cent of total alcohol sales globally when including beer and wine.

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