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Our monthly Ice Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of income-focused Ice recommendations, to help Fools build out their portfolios.
“Best Buys Now” Pick #1:
Diageo (LSE:DGE)
- While Diageo was formed in 1997, the history of many of its famous brands stretches back much further. Its six top brands were all founded between 1759 and 1974 – potentially demonstrating resilience.
- Diageo has produced top-line growth in all regions in the beginning of fiscal 23 – and it’s targeting operating profit growth of 6-9% between 2023-25.
- Its performance reflects its outstanding portfolio, continued investment in brand building, and its agile supply chain.
- It has a stable track record in raising its dividends for shareholders with a five-year CAGR of 3.9%. It currently offers a trailing yield of 2.1%.
“Best Buys Now” Pick #2:
Redacted
