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Stock impact report

Is Diageo Stock a Buy? [The Motley Fool]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: The Motley Fool
While the world medical community works toward containing COVID-9, investors are sifting through stocks, trying to identify the companies that present the opportunity of a lifetime while avoiding those that will struggle to recover from the bear market.Consumer-discretionary stocksThe share price of London-based alcoholic beverage giantDiageo(NYSE:DEOImage source: Getty Images.How will premium alcohol brands fare during the downturn?Founded in 997, Diageo is a global leader in the alcoholic beverage market with ownership of over 00 brands of beer and spirits. The company's products are sold in more than 80 countries.Notable brands include Johnnie Walker, Crown Royal, J&B, Buchanan's, and Windsor whiskies; Smirnoff, Ciroc, and Ketel One vodkas; Captain Morgan rum, Baileys Irish Cream liqueur, Don Julio tequila, and Tanqueray gin. Beer, led by Guinness, is the company's second largest category after scotch.This broad portfolio appeals to markets in both developed and emerging countries. Show less Read more
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