By Chris Bailey | Wednesday 26 February 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Where do we start today? First, there is no surprise to me that shares in the loved-up bond proxy Diageo (DGE) have continued to rollover, as Tom W and I discussed here back in October. The downgrades it talks about are approximately equivalent to the 2% odd fall in the shares today but the real issue remains the very firm valuation in this sort of stock. Still not the first name I am chasing to buy in the coronavirus-related equity market fall. Next up has to be badboy Restaurant Group (RTN)…
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