Click to EnlargeDiageo (NYSE:DEO): Diageo has had great success in Africa and is replicating that success in South America. In Brazil, nine out of 10 shots of Scotch served are Diageo’s brands. Fifty percent of Scotch served in Venezuela is Diageo’s. The potential in South America is attractive. Between 10 million and 15 million people are entering the middle class in Latin America every year. My relative strength chart for Diageo has reached a five-year high. Buy.
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