The following video is part of our "Motley Fool Conversations" series, in which analyst Paul Chi and senior analyst Matt Argersinger discuss topics around the investing world.
In today's edition, Matt interviews Paul to find out what stock he'd like to own one day. Paul's stock is Diageo, the owner of well-known brands such as Crown Royal, Johnnie Walker, Captain Morgan, Bailey's, Smirnoff, Guinness, and more. While investors would probably do OK over the long term even at today's price, Paul prefers to wait for a pullback to buy this company.
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