Wednesday, February 15, 2012

Chart of the Day - Diageo (DEO)

The "Chart of the Day" is Diageo (DEO), which showed up on Monday's Barchart "All Time High" and "Gap Up" lists. Diageo on Monday gapped up to a new all-time high and closed up 1.23%. TrendSpotter has been Long since Dec 23 at $86.19. In recent news on the stock, Diageo said European sales were flat in the second half of 2011 and UK sales were down, but sales were up by 23% in Latin America, 12% in Africa, 10% in Asia, and 5% in North America. Diageo Plc, with a market cap of $58 billion, is an multinational branded food and drinks company with brands including Smirnoff, Johnnie Walker, J&B, Gordon's, Malibu, Baileys, Guinness and Tanqueray.

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