DEO - Diageo plc

NYSE - NYSE Delayed Price. Currency in USD
170.61
-0.34 (-0.20%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close170.95
Open170.87
Bid0.00 x 900
Ask0.00 x 800
Day's Range169.54 - 170.87
52 Week Range131.43 - 176.07
Volume544,404
Avg. Volume283,106
Market Cap100.036B
Beta (3Y Monthly)0.43
PE Ratio (TTM)26.64
EPS (TTM)6.40
Earnings DateN/A
Forward Dividend & Yield2.74 (1.60%)
Ex-Dividend Date2019-02-28
1y Target Est172.74
Trade prices are not sourced from all markets
  • D.C. United's new captain is ... Captain Morgan?
    American City Business Journals6 days ago

    D.C. United's new captain is ... Captain Morgan?

    D.C. soccer aficionados and Captain Morgan fans were portrayed in a recent ad aired by Morgan’s parent company, Diageo PLC (NYSE: DEO). The advertisement aired shortly after Captain Morgan became a new corporate partner with MLS by offering an “eight-figure sum,” according to Forbes. On July 9, Captain Morgan announced that it had signed an agreement with MLS to become the league's official spiced rum and exclusive spirits partner through 2022.

  • How Britain’s Savviest Investors Are Beating Brexit
    Bloomberg6 days ago

    How Britain’s Savviest Investors Are Beating Brexit

    (Bloomberg Opinion) -- Since the U.K. decided more than three years ago to leave the European Union, the nation's savviest investors have succeeded by putting their money where Brexit matters least.Uncertainty about the date of Britain’s departure (now pushed back to Oct. 31) and the terms of the divorce has meant purging the U.K. from their holdings or limiting them to investments traditionally impervious to man-made and natural disasters. Over 38 months, British sterling depreciated 16 percent, the worst shrinkage for any similar period in 8 years. The pound remains the poorest performer in the actively-traded foreign exchange market and inferior to the No. 3 euro.Europe's strongest major economy in the 21st century became a shadow of its former self, reversing two decades preceding the June 23, 2016 referendum when the U.K. outperformed the European Union in growth and investment. London's stock and bond markets similarly languished as laggards to world benchmarks, after beating them consistently in the 20 years prior to the decision to leave the EU, according to data compiled by Bloomberg.“If I give myself some credit, I would say that we acted reasonably fast liquidating U.K. shares” in 2016, said Ben Rogoff, whose Polar Capital Technology Trust PLC has been the most consistent winner out of the 212 British global funds with at least 1 billion pounds this year and during the past three years. His team's 114 percent total return (income plus appreciation) was 22 percentage points better than the Dow Jones World Technology Index, mostly because 68% of the fund is invested in the U.S., two-thirds of that in California companies, according to data compiled by Bloomberg. “It's all about the Internet and where do you get exposed to the Internet? The U.S. and China,” Rogoff said last month during an interview at Bloomberg in London.While Rogoff reduced his holdings of three California tech powers during the past year — Cupertino-based Apple Inc., Menlo Park-based Facebook and Santa Clara-based Advanced Micro Devices — he acquired more shares in Hong Kong-based Tencent Holdings Ltd, Hangzhou-based Alibaba Group Holding Ltd, South Korea's Samsung Electronics Co. and Tokyo-based Yahoo Japan Corp., according to data compiled by Bloomberg.The 46-year-old graduate of St. Catherine's College, Oxford, became the lead manager of the trust in 2006, “and at that time,” he said, “the U.K. weighting might have been 5% to 10%, so if you had already been backing away to the door, it's a lot easier to escape than if you built a career around being an expert in U.K. equities.” Since the Brexit referendum, he said, “There's just been a complete buyers' strike of U.K. equities.”Proof of such disdain comes with the crisis this year at the LF Woodford Equity Income Fund, Britain's most-prized investment when it was launched by star money manager Neil Woodford in 2014. The celebrated stock picker became even more prominent with his contrarian bullish stance on Brexit. The fund plummeted 31% during the past two years by holding a combination of large and small U.K. companies and has frozen redemptions indefinitely.“It's symptomatic of a broader problem,” Bank of England Governor Mark Carney told reporters earlier this month. “Our sense is that the financial-stability risks are increasing.”One U.K. investor who’s successfully resisted the trend away from domestic stocks is Nick Train, who manages Finsbury Growth & Income Trust. It returned 61% the past three years — more than twice the FTSE All-Share Index benchmark — as the most consistent one- and three-year performer among the 129 U.K.-based funds investing mostly in domestic stocks or bonds, according to data compiled by Bloomberg. Unlike Woodford, who doubled down on the British economy writ large, Train, a 60-year-old graduate of Queen’s College, Oxford, dramatically increased his holdings in consumer staples. These are the companies that make such essentials as food, beverages and household goods and can resist business cycles because their products always are in demand.Train, who declined to be interviewed, increased the consumer staples weighting relative to the benchmark to 27% from 23% in 2015 and he enhanced his holdings of Deerfield, Illinois-based Mondelez International Inc., which manufactures and markets packaged food products, and London-based Diageo PLC, the world's largest producer of spirits and beer, according to data compiled by Bloomberg.That's likely to be a safe bet as no one is counting on the British economy rebounding significantly from near the bottom of the EU while the uncertainty created by Brexit persists. “If you take a long view, then this may well be a great time to be investing in U.K. equity,” said Rogoff. “Thankfully, I don't have to make that binary call because there are very few U.K. companies I'm frankly interested in.”\--With assistance from Shin Pei, Richard Dunsford-White, Kateryna Hrynchak and Suzy Waite.To contact the author of this story: Matthew A. Winkler at mwinkler@bloomberg.netTo contact the editor responsible for this story: Jonathan Landman at jlandman4@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Matthew A. Winkler is a Bloomberg Opinion columnist. He is the editor-in-chief emeritus of Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • DIAGEO and Zola Partner to Raise the Bar for Your Wedding Day
    PR Newswire11 days ago

    DIAGEO and Zola Partner to Raise the Bar for Your Wedding Day

    NEW YORK, July 11, 2019 /PRNewswire/ -- DIAGEO, a global leader in beverage alcohol is coupling up with Zola, the fastest growing wedding company in the country, to introduce a line of spirited offerings from the Ketel One Botanical series, Bulleit Frontier Whiskey, Tequila Don Julio and Johnnie Walker, just in time for summer wedding season. "The bar is an important wedding moment that can sometimes be overlooked, and we hope to help inspire couples with a myriad of ideas for special experiences and gifts with our new partnership with Zola," shares Amy Schmidt, Director of Strategic Partnerships at DIAGEO North America.

  • This Major Marijuana Grower Reiterates Its Desire to Find a Beverage Partner
    Motley Fool11 days ago

    This Major Marijuana Grower Reiterates Its Desire to Find a Beverage Partner

    Three brand-name beverage companies could be the perfect partner for this Atlantic-based pot stock.

  • Garth Brooks And Seagram's 7 Crown Whiskey Declare This The Summer Of Dive Bars
    PR Newswire12 days ago

    Garth Brooks And Seagram's 7 Crown Whiskey Declare This The Summer Of Dive Bars

    Together, Brooks and Seagram's 7 Crown have committed to securing 700,000 pledges this summer, via jointhepact.com, from dive bar patrons across the country. Brooks, who recently debuted what is already being called this summer's anthem "Dive Bar" featuring Blake Shelton, will be popping up at hometown dives across the U.S. for impromptu concerts as part of his summer tour.

  • Tequila Don Julio Releases Second Limited-Edition Barrel-Finished Tequila To The Award-Winning Portfolio
    PR Newswire12 days ago

    Tequila Don Julio Releases Second Limited-Edition Barrel-Finished Tequila To The Award-Winning Portfolio

    The latest innovation, Tequila Don Julio Reposado, Double Cask, features the brand's traditional Reposado, now finished in casks which previously held Lagavulin Islay Single Malt Scotch Whisky. NEW YORK ...

  • It’s the ultimate in narcissism — personalizing your beer with a selfie
    MarketWatch12 days ago

    It’s the ultimate in narcissism — personalizing your beer with a selfie

    Cupids have also been using the new technology to print phone numbers on the top of drinks that they then pass to people they like.

  • There's A New Captain Taking The Field: Captain Morgan Partners With Major League Soccer
    PR Newswire13 days ago

    There's A New Captain Taking The Field: Captain Morgan Partners With Major League Soccer

    NORWALK, Conn., July 9, 2019 /PRNewswire/ -- Continuing what has already been a huge summer for soccer, Captain Morgan announces that it's signed with Major League Soccer (MLS) to become the league's official spiced rum and exclusive spirits partner through 2022. The Captain's message to soccer fans is clear: there's more fun to be had. The new deal names Captain Morgan as an official sponsor of MLS All-Star – taking place in just a few weeks in Orlando – Campeones Cup (August 14) and MLS Cup (November 10).

  • Moody's18 days ago

    LVMH Moet Hennessy Louis Vuitton Inc. -- Moody's assigns first-time A1 rating to LVMH; stable outlook

    Moody's Investors Service has today assigned a first-time A1 long-term issuer rating and Prime-1 (P-1) short-term issuer rating to leading French luxury goods group LVMH Moët Hennessy Louis Vuitton SE (LVMH). Moody's has also assigned an A1 rating to LVMH's senior unsecured notes and a (P)A1 rating to its medium-term notes program.

  • 3 Consumer Stocks Loading up on Marijuana
    InvestorPlace20 days ago

    3 Consumer Stocks Loading up on Marijuana

    There's no denying that investing in marijuana stocks is one of the hottest trends in the entire market. With commercial legalization around the corner, many marijuana stocks are partnering with big names in the consumer world to bring forth new commercial and medical cannabis products. Canopy Growth's (NYSE:CGC) partnership with spirit maker Constellation Brands (NYSE:STZ) was perhaps the most famous and largest of these deals.However, CGC and STZ aren't the only ones that have caught cannabis fever.There are now several other big consumer firms looking at marijuana stocks for inspiration. As we have said before, these multinational firms are a safer bet on the growth of cannabis than individual marijuana stocks. After all, their diverse product lines can provide safety from the volatility of the sector. They will still benefit from the growth and sales of cannabis-related products.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt the end of the day, it's a win-win for investors. * The Top 10 Best Sectors in the Market for 2019 With that, here are three consumer stocks hitching a ride to rising cannabis demand. Mondelez International Inc (MDLZ)Source: Shutterstock We already mentioned how Mondelez International's (NASDAQ:MDLZ) portfolio of snack foods, cookies, and candy is a bit on the boring side. Top brands like Nabisco and Cadbury produce plenty of stable cash flows, profits, and sales for MDLZ. And thanks to their discretionary nature, the firm has been able to pass on price increases with relative ease.But that huge stable of brands could mean plenty of pin-action and growth as MDLZ pivots to adding cannabis to its products. During its last earnings call, Mondelez CEO Dirk Van de Put mentioned that the firm was looking into adding CBD-infused snacks to their product line.Mondelez has been working hard to expand into a variety of natural, organic and healthy snack foods. These healthy snacks come with higher margins and are one of the reasons why MDLZ has seen revenues tick higher in recent quarters. Cannabis would be a natural fit to this. Given that consumers already trust and recognize its portfolio of top brands, they could be more willing to try a Nabisco-branded CBD snack than some other unknown brand. This gives the firm an edge in actually getting people to buy cannabidiol-infused foods.While MDLZ hasn't partnered with any marijuana stocks just yet, it will be ready to make the plunge sooner rather than later, which could be great for investors. Molson Coors (TAP)Source: Drew Stephens via FlickrConstellation Brands is not the only spirit maker looking at marijuana stocks. Brewing giant Molson Coors Brewing (NYSE:TAP) has caught the cannabis bug as well. And TAP is going full-bore into the sector.Late last year, Molson Coors partnered with Quebec-based Hydropothecary Corporation (NYSEAMERICAN:HEXO). The duo formed a joint venture -- dubbed Truss -- that will primarily focus on non-alcoholic, cannabis-infused beverages.Canada has already legalized marijuana and cannabis-infused beverages will be available in the country at the end of 2019. For Molson Coors, this is a big opportunity. The firm's size gives it a huge edge in Canada right from the get-go: TAP estimates that this drink market could be worth about $3 billion in annual sales.Molson Coors will be able to score a high percentage of much-needed revenues.In the U.S., analysis from investment bank Cowen determined that states with legal cannabis binge-drink 13% fewer times per month than non-cannabis states. The idea is that TAP can pick up revenues in Canada and then add additional revenues here in the U.S. when cannabis becomes fully legal. * 7 Restaurant Stocks to Put on Your Plate For investors, TAP stock could be a sure thing. It already has a big foothold in key markets and should be able to boost its fortunes with its marijuana stock deal. Diageo (DEO)Source: Mustafa Khayat Via FlickrJohnnie Walker, Smirnoff, Captain Morgan, and Guinness have served Diageo (NYSE:DEO) well over the years. These top booze brands -- along with the rest of DEO's massive staple of spirits -- have continued to rack up billions in annual sales. And they are about to get even better.DEO hasn't been shy about its intentions to add cannabis to their lineup of brands. Around this time last summer, BNN Bloomberg reported that Diageo was conducting talks with several different marijuana stocks for partnerships. A deal hasn't been reached yet, but it could happen soon.For one thing, pot stock Aphria's (NYSE:APHA) chief commercial officer, Jakob Ripshtein, was formerly the chief financial officer of Diageo North America and president of Diageo Canada. Meanwhile, spirit sales have slowed in North America over the last year. This provides plenty of impetus to get a deal done.DEO's brand range includes 14 of the top 100 premium distilled spirits brands and seven of the top 20 premium spirits brands worldwide. Like TAP and MDLZ, this huge portfolio gives Diageo a significant edge in getting consumers to actually try CBD-infused products in the first place. The best part is that these DEO brands are consumed globally. Its moves today could make it the global leader in marijuana sales.Meanwhile, investors can score a respectable dividend of 2% while they wait.At the time of writing, Aaron Levitt did not hold a position in any stock mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 F-Rated Stocks to Sell for Summer * 7 Stocks to Buy for the Same Price as Beyond Meat * 7 Penny Marijuana Stocks That Are NOT Cheap Stocks The post 3 Consumer Stocks Loading up on Marijuana appeared first on InvestorPlace.

  • 3 Growth Stocks to Buy and Hold for the Next 50 Years
    Motley Fool23 days ago

    3 Growth Stocks to Buy and Hold for the Next 50 Years

    This alcohol maker, drug company, and utility should generate steady growth for their investors in the decades ahead.

  • Barrons.com24 days ago

    In the U.K., You’re Either a Leaver or Remainer. Bridging That Brexit Divide Isn’t Easy.

    As the U.K. struggles to leave the European Union, it faces two very different views of the economic future. Negotiating the claims and counterclaims isn’t easy.

  • Is Diageo plc (LON:DGE) Investing Effectively In Its Business?
    Simply Wall St.24 days ago

    Is Diageo plc (LON:DGE) Investing Effectively In Its Business?

    Today we'll look at Diageo plc (LON:DGE) and reflect on its potential as an investment. Specifically, we're going to...

  • This Marijuana Stock Is Up Almost 300% Since It Announced a CBD-Infused Drink
    Investopedia27 days ago

    This Marijuana Stock Is Up Almost 300% Since It Announced a CBD-Infused Drink

    Canaccord Genuity predicted that cannabis beverages could outpace general demand for marijuana products by over two times.

  • Dry States: The Decline of Alcohol in the U.S.
    Motley Fool28 days ago

    Dry States: The Decline of Alcohol in the U.S.

    Why is the U.S. turning its back on beer?

  • Is Diageo plc (DEO) A Good Stock To Buy?
    Insider Monkey29 days ago

    Is Diageo plc (DEO) A Good Stock To Buy?

    The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the first quarter, which unveil their equity positions as of March 31. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]

  • Will Teetotal Millennials Spell Doomsday for Beer Bigwigs?
    Zackslast month

    Will Teetotal Millennials Spell Doomsday for Beer Bigwigs?

    When it comes to consuming alcohol, millennials prefer drinking wines, clean spirits and wellness beer.

  • Advertisers Face Up to Scandal Risk But Can't Ditch Tech Giants
    Bloomberglast month

    Advertisers Face Up to Scandal Risk But Can't Ditch Tech Giants

    (Bloomberg) -- The advertising industry’s annual gathering on the French Riviera has become a recurring cycle of contrition from technology giants and admonishment from the Mad Men. In 2017, it was YouTube apologizing for ads appearing next to jihadist terror videos. In 2018 came Facebook Inc.’s mea culpa for a data privacy scandal. This year, Facebook regretted live-streaming a mass shooting in New Zealand and YouTube battles the spread of hate speech.All the while, the marketing money continues to flow. Facebook and Google’s advertising sales grew 38% and 22%, respectively, in 2018, and both dominated the beach front in Cannes again this year with showy largess. Google served up grape smoothies, gingerbread ice cream and live tunes from synth-pop duo Pet Shop Boys and electro outfit Justice. Facebook held panels with Grammy-winning singer-songwriter John Legend and style icon Jenna Lyons, while Chief Operating Officer Sheryl Sandberg hosted some of the biggest advertisers by the shore.But the recurring scandals hitting the tech giants have created a dilemma for chief marketing officers. Do they take a principled stand and move their ad dollars elsewhere, sticking to more traditional media like TV and newspapers but missing out on the global reach and hyper-specific targeting of consumers that the platforms afford? Or do they accept the risk of being drawn into future hate speech and toxic content controversies, if it means they can keep growing sales? The consensus in Cannes this year from advertisers: let’s ride it out.“Every once in a while there’s going to be a screw-up and unfortunately the screw-ups are pretty big,’’ said Michael Roth, chairman and chief executive officer of the Interpublic Group of Cos., the world’s fourth-largest advertising company by revenue. “The thing is, it still works.”Unlike the past, when adverts were confined to spaces curated by professionals, such as TV commercial breaks, radio programs or billboards, chief marketing officers are opting to get comfortable with the daily risks of placing their products alongside non-vetted, user-generated content.In Cannes, Facebook and Google both stressed their latest efforts to keep their platforms safe, from investing in machine learning that spots offending material before it’s uploaded to hiring more humans to oversee posts. But each conceded they’ll never keep all the objectionable material at bay. Sandberg said Facebook had a ‘Herculean’ task on its hands and that generally, all technologies can be used for both bad and good.“Bad actors are smart and find ways to circumvent our policies and brush right against where the new line has been drawn,’’ said Cecile Frot-Coutaz, YouTube’s head of Europe, Middle East and Africa. “It’s that delicate balance of keeping the openness but protecting our users and advertisers.”YouTube’s latest controversy is how it keeps its service safe for children, after predators were found to be leaving pedophile comments on videos featuring kids. YouTube has previously come under fire for allowing fake or misleading content to flourish on its platform, and not removing videos with homophobic and racist remarks.Pressure isn’t just building from marketers, but also from other platforms touting their wares in Cannes to lure spending. Amazon.com Inc. hosted meetings in a top-floor suite at the five-star Carlton hotel with spectacular views over the Mediterranean, showing brands how they can advertise in Amazon search results and grow sales through its Alexa smart speaker. Snap Inc. entertained guests in a contemporary art museum, handing out rainbow-colored flip-flops. Music streamer Spotify Technology SA and Walt Disney Co.’s Hulu brought in Grammy-nominee Ciara for a VIP party at a hillside villa.Advertisers’ latest initiative to tackle the issue of safety online is a so-called ‘Global Alliance for Responsible Media’ that includes brands, ad agencies and platforms. Yet pushed at the partnership’s launch on specific measures they’d like to see, marketers from consumer-goods giant Unilever, confectionery manufacturer Mars Inc. and drinks-maker Diageo Plc weren’t forthcoming.Yannick Bollore, CEO of ad giant Havas, called it “unthinkable” not to advertise on social platforms, because that’s where consumers spend most of their time.“But we need to guarantee to our clients that we can find a positive environment,” he said in an interview in Cannes.His counterpart at WPP, Mark Read, went furthest in publicly suggesting changes that might be needed, mooting moderation of content in certain categories or limiting what can be posted from new accounts.“We need to think about the design of the platforms,” Read said, whose London-based advertising group spends billions of dollars of client money with Facebook and Google. “Clearly they haven’t done enough.”Marketers are making investment decisions at a time when the average tenure of a chief marketing officer, or CMO, is a mere 43 months, or less than half of that of a CEO, according to research by headhunters Spencer Stuart. Their short shelf-life shows the scrutiny they’re under from their boards, said Michael Kassan, founder of MediaLink, which advises the world’s most influential marketers and media companies.“The easiest way to talk is with your cheque book,” Kassan said. “But the pressure on a CMO to deliver results is intense.”And even if marketers wanted to force change through financial pressure, it’s not clear it would work. The tech giants have built a base of millions of small- and medium-sized businesses that advertise using their tools, which limits the leverage of any particular brand, said Pedro Earp, chief marketing officer of beer-maker Anheuser-Busch InBev NV.“Some of these issues are complicated and aren’t solvable like that,” Earp said, who sits on Facebook’s client council which consults on how to improve the platform for advertisers. “It’s been a constructive dialog.”But so long as Facebook and Google continue to offer marketers an unparalleled ability to reach consumers and ease of use, they’ll keep dominating the industry, said Wenda Harris Millard, vice president at MediaLink and based in London.“For advertisers it’s kind of like, ‘Do I press the F button or the G button?”’ she said. “It’s hard to stop all this.”To contact the reporters on this story: Joe Mayes in London at jmayes9@bloomberg.net;Angelina Rascouet in Paris at arascouet1@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Benedikt KammelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 10 ‘Buy-and-Hold’ Stocks to Own Forever
    InvestorPlacelast month

    10 ‘Buy-and-Hold’ Stocks to Own Forever

    [Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Investing to "buy and hold" is trickier than it looks. The increasing pace of technological change means even the most successful, dominant companies have to continually adapt to keep up. Industries like energy, real estate and even consumer products are facing potentially significant long-term changes going forward. In any era, amassing a collection of retirement stocks simply by buying the best companies and holding them for years can be a risky endeavor.General Motors (NYSE:GM) was a classic "widows and orphans" stock until last decade, when GM wound up going bankrupt. United States Steel (NYSE:X) once was a pillar of corporate America and a buy-and-hold stock. GM shares basically haven't moved in a quarter of a century. Polaroid and Eastman Kodak were once blue-chip stocks. Both went bankrupt as cameras changed from film to digital.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut there still are stocks to buy and hold out there that can last forever, while offering dividend income along the way. * 7 Value Stocks to Buy for the Second Half Here are ten such retirement stocks to buy and hold forever.Source: Shutterstock Bank of America (BAC)Dividend Yield: 2.1%It might seem strange to open the list with Bank of America (NYSE:BAC). After all, we're only a bit more than a decade on from the financial crisis. During that crisis, BofA acquisition Countrywide Financial blew up in spectacular fashion, after pioneering many of the risky tactics that led to the bubble and subsequent bust.But this is a different BofA.Net consumer charge-offs hit a decade-long low last year. Its performance on credit metrics is strong. Government regulations have been criticized as slowing growth -- but they've undoubtedly lowered risk as well, even if observers might argue that a better balance is needed.No less than Warren Buffett is now BofA's largest shareholder, through his Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B). And the Oracle of Omaha is fond of saying that his favorite holding period is "forever."That seems likely true for BAC stock as well.Source: Mustafa Khayat Via Flickr Diageo (DEO)Dividend Yield: 2%Change has come to the alcohol industry, with the number of breweries exploding worldwide and new distilleries popping up as well. The brands owned by Diageo (NYSE:DEO) are well-positioned to adapt to shifting tastes.Diageo owns classic brands like Johnnie Walker whisky, Tanqueray gin, Smirnoff vodka, and Harp and Guinness beer, among many others. What most have in common is a timeless quality and worldwide brand recognition. As a result, while beverage giants like Coca-Cola (NYSE:KO) and Anheuser Busch InBev (NYSE:BUD) have struggled with earnings growth, Diageo grew net income by 13.5% in fiscal 2018 and expects consistent growth going forward. * 7 Value Stocks to Buy for the Second Half Yet with a trailing multiple of 26.5, and with a dividend yield of 2%, Diageo stock isn't all that dearly valued. Long-term investors would do well to own DEO and perhaps use the dividends to buy a bottle or two of fine whisky.Source: U.S. Embassy Kyiv Ukraine via Flickr (Modified) Medtronic (MDT)Dividend Yield: 2%In this day and age, the U.S. healthcare market in particular seems potentially volatile. Concerns about increased spending and political battles over the Affordable Care Act create more questions than answers.But even with that uncertainty, Medtronic (NYSE:MDT) isn't going anywhere. The company's devices are an integral part of modern medicine, ranging from pacemakers to stents to bone grafts to imaging systems.Even the risks involved in the sector look priced into MDT. Medtronic's days of double-digit annual growth may well be behind it, but it's not finished increasing earnings or dividends. MDT stock likely isn't finished rising, either.Source: Shutterstock NextEra Energy (NEE)Dividend Yield: 2.4%Utility stocks are among the most common safe, buy-and-hold stocks. NextEra Energy (NYSE:NEE) is now the largest electric utility in the U.S. by market capitalization. That might actually be the only problem with NEE stock.NextEra shares gained 18% year-to-date, and trades just off record highs. Potential valuation concerns aside, NextEra looks like a winner. It serves customers in the southern Florida region, still one of the nation's fastest-growing areas. A 22.6 forward P/E multiple is high for the space but not outlandishly so. And a 2.4% dividend yield provides income along the way. * 7 Dividend Stocks to Buy as the Trade War Reignites Investors looking for value in the space might look for a smaller play like cheaper Dominion Energy (NYSE:D). But it's usually worth paying for quality, and NextEra Energy looks like one of the best utility stocks out there.Source: Blue Genie via Flickr McCormick & CompanyDividend Yield: 1.5%McCormick & Company (NYSE:MKC) is another quality company whose valuation might spook some investors. But MKC stock very rarely is offered cheaply.The company's market leadership in spices and seasonings provides both an impressive moat and protection against economic downturns. MKC stock did dip after the company acquired French's mustard and Frank's RedHot sauce from Reckitt Benckiser (OTCMKTS:RBGLY) at a price that looked a bit high to many investors. But MKC has recovered those gains and then some.Top-line growth for McCormick likely isn't going to be explosive, but it will be steady. The same has been true of MKC stock, which has returned an average of 13% a year over the past decade, including dividends.With continuous cost-cutting initiatives, the contribution from the acquired brands and organic growth (and growth in organic products), MKC still should be able to provide double-digit annual returns going forward as well.Source: Shutterstock Allstate CorpDividend Yield: 2%Allstate Corp (NYSE:ALL) long has used the tagline, "You're in good hands," and it's true for Allstate investors as well. ALL stock has almost quadrupled from late-2011 lows. And there could be more upside to come.After all, Allstate isn't particularly expensive, trading at a 14 P/E. * 7 Value Stocks to Buy for the Second Half Once any short-term worries subside, ALL should resume its march upward.Source: Shutterstock International Flavors & Fragrances (IFF)Dividend Yield: 2%International Flavors & Fragrances (NYSE:IFF) is a company most consumers encounter every day without knowing it and many investors aren't exactly hip to it, either.As its name suggests, the company develops flavors & fragrances across 13 categories, including cosmetics, perfumes, beverages and sweet flavors. Sales and earnings have increased consistently and so has IFF's share price. At a 53 P/E, IFF does look a bit pricey. But, as with McCormick and other stocks on this list, investors should pay for quality.IFF's hidden, but key role, in so many industries, gives it a great deal of protection against both competition and macro factors. Acquisitions and a growing cosmetic additive business both provide room for growth.Consumers may not know IFF, but investors should.Source: Shutterstock Lamb WestonDividend Yield: 1.4%Lamb Weston (NYSE:LW) was spun off from Conagra Brands (NYSE:CAG) last year. Lamb Weston is the No. 1 potato producer in the United States. In fact, it manufactures the well-known fries at McDonald's (NYSE:MCD), among other restaurant chains.Lamb Weston also has a consumer business (including a small segment that manufactures frozen vegetables), while serving restaurants of all sizes. Health concerns might seem a long-term headwind against the business, but growth has been steady for years, and margins continue to improve.LW is targeting international markets for growth, as French fries have much more limited penetration, while international audiences generally are intrigued by Americanized products.Despite growth and leading market share, LW stock isn't particularly cheap, trading at about 19 times next year's earnings. The company did pick up a fair amount of debt in the CAG spinoff. But it's paying that debt down, which should lower interest expense and boost cash flow going forward. * 7 Value Stocks to Buy for the Second Half With many similar stocks trading at much higher multiples, LW seems to have room for upside. And international growth should offset any health-related concerns in the U.S., should they arise. America's love affair with French fries isn't going to suddenly end, and that should ensure years of stability for Lamb Weston at least.Source: Shutterstock Fortune Brands (FBHS)Dividend Yield: 1.6%Investors are commonly advised to diversify their portfolio. Fortune Brands Home & Security (NYSE:FBHS) has done just that. The company operates in four segments: Cabinets, Plumbing, Doors, and Security. Among its well-known brands are Moen in plumbing, and MasterLock in security.FBHS is more of a cyclical stock than most on this list, and the company no doubt has benefited from the steady, if slow, housing recovery in the U.S. But the company's products also generate relatively stable replacement demand, and a 1.6% dividend yield provides modest, but growing, income.Fortune Brands has been an impressive company since its founding and a solid stock since its 2011 IPO. There may be a bit more volatility here, but that's a worthwhile price to pay for long-term investors. There's enough value in Fortune Brands to ride out any market jitters.Source: Shutterstock Republic ServicesDividend Yield: 1.74%Republic Services (NYSE:RSG) is a bit smaller and likely a lot less well-known than rival Waste Management (NYSE:WM). But in this case, that's not necessarily a bad thing.Republic Services has outgrown its larger competitor in both sales and earnings over the past five years. RSG stock has modestly outperformed WM over the same period as well. Investors appear to believe that will continue, as Republic Services is valued a bit higher than Waste Management, at least based on forward earnings multiples.Both RSG and WM are solid long-term plays. Contracted revenue and steady demand should support both companies for years to come. There's room for further acquisitions in a relatively fragmented space. Republic Services gets the nod here due to slightly better growth and more room for margin improvement. * 7 Value Stocks to Buy for the Second Half But investors looking for safe, stable growth can't go wrong with either RSG or WM.As of this writing, Vince Martin was long MKC. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post 10 'Buy-and-Hold' Stocks to Own Forever appeared first on InvestorPlace.

  • Bulleit Partners with Leaders in Tech & Sustainability to Open the Newest Visitor Experience on The Kentucky Bourbon Trail®
    PR Newswirelast month

    Bulleit Partners with Leaders in Tech & Sustainability to Open the Newest Visitor Experience on The Kentucky Bourbon Trail®

    SHELBYVILLE, Ky., June 18, 2019 /PRNewswire/ -- Since its inception in 1987 as one of the highest rye whiskeys on the market, Bulleit has been known as the bourbon that broke the mold.  This week, Bulleit continues that tradition of innovation by opening its new Visitor Experience for bartenders, partners and guests from the local community and beyond at the Bulleit Distilling Co. in Shelbyville, KY.  Complete with a sensory-rich tasting experience brought to life through new partnerships with leaders in technology and sustainability, the experience will officially become the 17th stop on The Kentucky Bourbon Trail® when it opens to the public on Tuesday, June 25th. A little over 30 miles from downtown Louisville and Lexington, the Bulleit Distilling Co. Visitor Experience is conveniently located and part of an exciting and growing Kentucky Bourbon Trail®.

  • Reuterslast month

    Advertisers, agencies and social media combine to tackle online threat

    Sixteen of the world's biggest advertisers have joined together to push platforms such as Facebook, Twitter and Google's YouTube to do more to tackle dangerous and fake content online. The Global Alliance for Responsible Media will also include media buying agencies from the major ad groups - WPP, IPG, Publicis, Omnicom and Dentsu - as well as the platform owners, the group said on Tuesday at the ad industry's annual gathering in Cannes, France. Luis Di Como, executive vice president of global media at Unilever, said it was the first time that all sides of the industry had come together to tackle a problem that had far reaching consequences for society.

  • Top Wine Stocks for 2019
    Investopedialast month

    Top Wine Stocks for 2019

    As more wine companies go public, and millennials replace aging generations, the market could see significant upside despite a lackluster 2018.

  • Reuterslast month

    Pernod Ricard adds U.S. premium brand Rabbit Hole Whiskey to its portfolio

    Pernod Ricard said on Friday it was acquiring Kentucky-based Rabbit Hole Whiskey, a high-end whiskey and bourbon maker founded seven years ago, as it seeks to expand its portfolio of specialty brands. "This partnership is the perfect implementation of our long-term investment strategy to create sustainable value," Pernod Ricard's Chief Executive Alexandre Ricard said in a statement. "Rabbit Hole is a fast-growing brand, strongly rooted in its (territory) and very well positioned in the high-end bourbon and Kentucky whiskey categories," he said.

  • Alternative Rock Band The Kills And Seagram's 7 Crown Salute Dive Bars Across The Country With Re-Mastered Jukebox Tunes For National Dive Bar Day
    PR Newswirelast month

    Alternative Rock Band The Kills And Seagram's 7 Crown Salute Dive Bars Across The Country With Re-Mastered Jukebox Tunes For National Dive Bar Day

    NORWALK, Conn., June 13, 2019 /PRNewswire/ -- From your favorite casual dive to your neighborhood pub, Seagram's 7 Crown toasts watering holes across the country for its second annual National Dive Bar Day celebration on July 7. This year, the American whiskey is collaborating with indie rock duo, The Kills, to re-release two songs the band re-mastered for dive bar jukeboxes nationwide.  On July 7, dive bar goers can raise a glass to these beloved American institutions while enjoying The Kills' re-released versions of Blue Moon and Night Train, complimentary to consumers across targeted TouchTunes jukeboxes in honor of National Dive Bar Day.

  • Moody'slast month

    U.S. Virgin Islands (Government of) -- Moody's places US Virgin Islands' issuer rating and matching fund revenue bonds on review, direction uncertain

    Moody's Investors Service has placed the US Virgin Islands' Caa3 issuer rating and the ratings of its four liens of matching fund revenue bonds on review with direction uncertain. The matching fund bonds were issued through the Virgin Islands Public Finance Authority.