SWX:NESNFood
Is Nestlé Becoming Attractive Again After Portfolio Reshaping And Weak Multi Year Share Performance?
If you are wondering whether Nestlé is quietly becoming good value again, or if it is still priced for safety rather than upside, you are not alone. Plenty of long term investors are asking the same question.
The stock is up 4.9% year to date and 7.3% over the last year, but those gains sit against a 21.5% slide over 3 years and a 9.5% drop over 5 years, suggesting the market is still recalibrating its expectations.
Recent months have seen Nestlé in the headlines for portfolio reshaping and...