5 Best Wine Stocks To Buy Heading Into 2023

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In this article, we discuss 5 best wine stocks to buy heading into 2023. If you want to see more stocks in this selection, check out 11 Best Wine Stocks To Buy Heading Into 2023

5. Naked Wines plc (OTC:NWINF)

Number of Hedge Fund Holders: N/A

Naked Wines plc (OTC:NWINF) was founded in 1980 and is headquartered in Norwich, the United Kingdom. The company engages in the online retail of wines and spirits in the United Kingdom, the United States, and Australia. On December 7, Naked Wines plc (OTC:NWINF) reported revenue for the first half of 2022 of £165.8 million, up 4.1% from the same period last year. The company also reported net cash of £23 million and £41 million of additional liquidity from a renegotiated credit facility. It is one of the best wine stocks to buy heading into next year. 

On October 20, Liberum analyst Wayne Brown upgraded Naked Wines plc (OTC:NWINF) to Hold from Sell, noting that the company’s strategic review is “sensible.”

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