• Financialexpress
• 23 Apr, 2021

Nestlé risk-reward appears quite favourable Nestlé stock has been flat in the past one year, making it the worst performer in the consumer staples peer group. This was despite the fact that operating performance for Nestlé has been fairly resilient during COVID-19 even with the disruption in out-of-home consumption categories. The main reason for Nestlé being held back was its valuation run-up, in our view, as it had been the best performer in the consumer group prior to the Covid-19 disruption
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