HOW LONG WILL NESTLÉ’S WINNING STREAK LAST?

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Since the start of the year, Nestlé, one of Europe’s largest companies, has seen its share price jump by about 34 percent with CEO Mark Schneider leading the turnaround. Jon Cox, head of Swiss equities at Kepler Cheuvreux, believes the company’s “brilliant run” will continue into 2020, boosted by the low interest rate environment.

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How long will Nestlé’s winning streak last?
Since the start of the year, Nestlé, one of Europe’s largest companies, has seen its share price jump by about 34 percent with CEO Mark Schneider leading the turnaround. Jon Cox, head of Swiss equities at Kepler Cheuvreux, believes the company’s “brilliant run” will continue into 2020, boosted by the low interest rate environment.

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