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Diageo: A Solid Long-Term Investment, Despite Headwinds

London based Diageo (NYSE: DEO) is an iconic company with a portfolio full of invaluable brands. It's top three are Smirnoff, Captain Morgan, and Johnnie Walker, just to name a few. It's also the owner of the number 1 ultra-premium tequila brand, Don Julio, after a swap out of one of its previously-owned brand, Bushmills. Diageo has all the classic symptoms of a buy-and-hold, long-term investment, but like most companies, it also has its share of challenges as…