Markets

Insider Trading

Hedge Funds

Retirement

Opinion

16 Best Red Wines for Beginners and Casual Drinking

In this article, we are going to discuss the 16 best red wines for beginners and casual drinking. You can skip our detailed analysis of the global wine market, the largest winery in the world, the new acquisition in the wine industry, and wine tourism in the United States, and go directly to 5 Best Red Wines for Beginners and Casual Drinking.

The production and consumption of wine has accompanied civilization for thousands of years. Since the early sign of its production in the Fertile Crescent region, approximately 6000-8000 years ago, the culture of wine has spread out through the Middle East, the Nile Valley, and the Mediterranean basin. Wine became part of recorded history in ancient Egypt where it was used as part of religious ceremonies and by the Pharaohs and the elite.

Years later, the ancient Romans played an important role in the development of methods for the production and storage of the tipple, its classification, and for the development of wine production throughout Europe, including areas that are still recognized today as the primary wine producing areas – France, Italy, Spain etc. 

Global Wine Market:

As reported by Vantage Market Research, the global wine market size was valued at $441.6 billion in 2022 and is projected to reach a value of $698.54 billion by 2030, with a CAGR of 5.9% over the forecast period.

The increasing adaptation of wine among all age groups, from youngsters to the old age population around the globe is a major factor driving the growth of the industry. Moreover, the health benefits and the premiumization of wine products, together with the innovations in the flavor and the more progressive distribution networks, are also prime factors boosting the global wine market growth. 

The United States was the world leader in the wine market in 2022 in terms of revenue, with $52.7 billion. Here are the U.S. States that Produce the Most Wine.

Largest Winery in the World: 

Established in 1933 by brothers Ernest and Julio Gallo in Modesto, CA, E & J Gallo is the largest winery in the world by volume. With an annual production of over 80 million cases, it is responsible for approximately 25% of all wine sales in the United States. The family-owned winery’s expansive portfolio includes popular brands such as Barefoot, Apothic, and Dark Horse, as well as more premium labels like Louis M. Martini and MacMurray Estate Vineyards.

The winery’s commitment to sustainability and innovation is also evident, with initiatives such as water conservation, renewable energy use, and precision viticulture shaping its operations. According to Beverage Industry, the E & J Gallo Winery boasted a revenue of around $8.4 billion in 2022. 

New Acquisition in the Wine Industry:

Constellation Brands, Inc. (NYSE:STZ) is a leading premium wine company, with a widely admired portfolio that includes Woodbridge by Robert Mondavi, Clos du Bois, Blackstone, Estancia, Ravenswood etc. The company has followed its divestment of the Funky Buddha Brewery with the acquisition of a Californian wine brand in June. 

Domaine Curry, described by the group as a ‘luxury Napa Valley wine brand’ joined the portfolio this summer. The brand, which has been purchased for an undisclosed amount from Coup de Foudre, will join Constellation Brands, Inc. (NYSE:STZ)’s The Prisoner Wine Co unit. 

Constellation Brands also made headlines this summer when its Mexican beer brand, Modelo Especial, became the Top-Selling Beer in America after dethroning Bud Light. The company will be looking to display strength as it nears its next earnings release. According to Zacks Investment Research, based on 9 analysts’ forecasts, the consensus EPS forecast for Constellation Brands, Inc. (NYSE:STZ) for the quarter ending August 2023 is $3.37. The reported EPS for the same quarter last year was $3.17.

Stocks of STZ were held by 48 out of 910 hedge funds in the Insider Monkey database at the end of Q2, with Holocene Advisors holding the largest stake of 796,935 shares, valued at $196.15 million. 

Wine Tourism in the United States: 

People travel around the world for different reasons. Some travel to explore new cultures, learn new languages, admire unique locations, and some to drink wine. Among several types of tourism, wine tourism is a new concept with a focus on exploring wine cultures around the world. 

The U.S. wine industry is a major magnet for tourists and tourism-driven expenses. According to WineAmerica, the country’s ‘wine country’ regions generated 49.18 million tourist visits and $16.69 billion in tourism expenditures in 2022, benefiting local economies and tax bases. 

Based in California, The Duckhorn Portfolio, Inc. (NYSE:NAPA) makes wines and calls itself a manufacturing company, agricultural company, and marketing company all rolled into one. In addition to its wineries or brands, the company owns approximately 1,100 vineyard acres (15+ unique sites ranging in size from 5 acre parcels up to 75 acres) with a total production of over 900,000 cases. For those who love great Merlot, Cabernet Sauvignon, Sauvignon Blanc, and Chardonnay, a trip to Duckhorn Vineyards has long been recognized as one of the preeminent Napa Valley tasting experiences. With vibrant gardens and sophisticated tableside wine service, Duckhorn’s classically beautiful Estate House sets the standard for attentiveness and refinement.

With a portfolio of 10 high-quality brands, The Duckhorn Portfolio, Inc. (NYSE:NAPA) is a ‘one-stop luxury wine shop’ and the largest pure-play luxury wine company in the U.S. The company announced gross profit of $50.5 million in its Q3 Earnings Call Transcript, an increase of $6.5 million or 14.9% compared to the prior year period. 

Stocks of The Duckhorn Portfolio, Inc. (NYSE:NAPA) were held by 20 out of 910 hedge funds in the Insider Monkey database at the end of Q2 2023, with Select Equity Group holding the largest stake of over 6.4 million shares, valued at $83.12 million. 

With that said, here are the Best Red Wines in the World for Beginners and Casual Drinking

Methodology: 

To collect data for this article, we have referred to a number of sources, such as VinePair, Reddit, My Bartender etc., looking for the Best Red Wines for Beginners and Casual Drinking. We picked wines that appeared at least twice in these sources, assigned them a score based on their number of appearances, and ranked them accordingly. 

If you enjoy the finer things in life and indulge in a glass of bubbly every now and then, here are the 16 Best-Selling Champagne Brands in the World

16. Barbera

Insider Monkey Score: 2

The Barbera grape makes wines that are juicy and relatively light-bodied despite its bold, deep purple color. Barbera is extremely drinkable due to its refreshingly high acidity, low tannins, and moderate alcohol.

Since Barbera is a grape variety, as opposed to a particular place, Barbera wine is produced around the world. Still, the vast majority of this red wine that you’ll find at restaurants and wine shops comes from the Piedmont region of Italy. Barbera is a great red wine to drink casually

15. Bordeaux Rouge

Insider Monkey Score: 2

Red Bordeaux wine is made primarily from Cabernet Sauvignon, Merlot, and Cabernet Franc grapes. It is a versatile wine that pairs well with a variety of foods and can be enjoyed on its own or aged for years to come. Whether you’re a seasoned wine connoisseur or a casual drinker, a bottle of Bordeaux is always a great choice.

14. Barbaresco

Insider Monkey Score: 2

One of the famed ‘Killer B’s’ of Italy, Barbaresco is a stunning demonstration of the Nebbiolo grape’s potential, offering an expression that is both captivating and sophisticated. A perfect companion to rich meat dishes, aged cheeses, or simply a cozy fireside conversation, Barbaresco’s timeless appeal is truly captivating.

13. Montepulciano d’Abruzzo

Insider Monkey Score: 2

Montepulciano d’Abruzzo is generally an easy-drinking, lightly fruity wine that goes with a wide variety of dishes, including lighter pasta dishes and pizza. Montepulciano is the second-most planted red grape in Italy. 

Produced in the central Italian region of Abruzzo, a good Montepulciano d’Abruzzo can cost as little as $9, though many cost more and tend to be, correspondingly, more complex. 

12. Cabernet Franc

Insider Monkey Score: 3

Cabernet Franc is generally a smooth wine to drink with low levels of tannin, making it easy to drink young and when aged. The wine has medium-to-high acidity that makes it refreshingly easy-to-drink.

CabFranc makes an excellent wine for day-to-day casual drinking and is a perfect food partner with various cheeses, roast meats and stronger fish dishes.

11. Dornfelder

Insider Monkey Score: 4

This red wine grape is relatively new, bred in 1956. Dornfelder is usually easygoing and meant for everyday enjoyment. The wine is light bodied with low tannins and crisp acidity, making it an excellent sipping wine and a happy companion to most midweek meals.

Dornfelder is one of the easiest red wines to drink for beginners

10. Rioja

Insider Monkey Score: 4

Rioja wine is made from grapes grown in the autonomous communities of La Rioja and Navarre, and the Basque province of Álava. This red wine is recognisable, affordable, easy to purchase, delicious to drink, and great with foods all year round.

The U.K. is one of the top export markets for Rioja and buyers consider it a must-have in any supermarket wine aisle or restaurant wine list. Indeed, according to the Consejo Regulador, Rioja performed well in 2020 despite the pandemic, and in the U.K., sales were up 18%.

9. Grenache

Insider Monkey Score: 5

Grenache wine is one smooth operator, elegant, and easy-drinking. It has a long history in Australia and now a new wave of creative winemakers is shining the international spotlight on this ever-evolving wine.

While it shares some qualities with other reds, Grenache also stands out due to its unique characteristics. For instance, Grenache wines are renowned for their versatility and adaptability to a range of food pairings – a quality that makes them an excellent choice for both casual dinners and special occasions.

Grenace ranks among the top 10 red wines for casual drinking in our list. 

8. Lambrusco

Insider Monkey Score: 6

Hailing from Italy’s Emilia-Romagna region, Lambrusco is a wine that effortlessly embodies the spirit of conviviality and refreshment. Driven by its pleasurable appeal, this fresh, fruity bubbly wine, low in alcohol, with an excellent price-quality ratio, is one of Italy’s top sellers. 

Lambrusco is still one of Italy’s most exported wines, not only to traditional markets, but also to new markets in the former countries of the Soviet Union – Ukraine, Belarus, Estonia, Latvia, and Kazakhstan. 

7. Zinfandel

Insider Monkey Score: 7

Zinfandel gave California its claim to wine fame, and was the most popular grape planted in the Sunshine State until Cabernet took over in the 90s. Zinfandel is easy to love – it’s fruity, spicy, bold and assertive, and easy to drink!

Zinfandel is among the best red wines for first timers

6. Malbec

Insider Monkey Score: 8

No casual red wine drinking list is complete without Malbec. Malbec is considered one of  the best red wines for any crowd because of its approachability. As the signature red grape of Argentina, Malbec soared in popularity over the past 20 years, and for good reason. 

Today, there are more than 134 million liters of this easy-to-drink red wine sold in the international market annually. Malbec has become a brand with which consumers recognize reliable wines at a good price.

Click to continue reading and see the 5 Best Red Wines for Beginners and Casual Drinking.

Suggested Articles:

Disclosure: 16 Best Red Wines for Beginners and Casual Drinking is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

The best part? You can discover everything about this company and its groundbreaking technology right now.

I’ve compiled everything you need to know about this groundbreaking company in a detailed, members-only report.

Trust me — you’ll want to read this report before putting another dollar into any tech stock.

For a ridiculously low price of just $9.99 a month, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99 a month.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!