- Carlsberg stock is down over 20% in the past few weeks following the Russian invasion of Ukraine, bringing the total YTD share price decline to over 30%.
- The company does have significant exposure to events in the region - both direct and indirect - and this merely adds to what was already a fairly uncertain near-term outlook.
- While Carlsberg lacks the kind of geographic footprint I'd like to see, management does deserve a lot of credit for improving the story here.
- The sell-off has sent the dividend yield to over 3% and the valuation back to more attractive levels for long-term investors. Buy.
For further details see:
Carlsberg - Recent Events Offer A Long-Term Buying Opportunity