5 Best Wine Stocks to Buy Now

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In this article we discuss the 5 best wine stocks to buy now. If you want to read our detailed analysis of these companies, go directly to 11 Best Wine Stocks to Buy Now.

5. The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Number of Hedge Fund Holders: 16   

The Duckhorn Portfolio, Inc. (NYSE:NAPA) produces and sells wines in North America. In late November, The Duckhorn Portfolio, Inc. (NYSE:NAPA) announced that it would be purchasing Sonoma-Cutrer Vineyards from wine firm Brown-Forman in a deal worth $400 million. The company said it estimated annual run-rate synergies of $5 million, which are expected to be realized in full starting fiscal year 2025.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Select Equity Group is a leading shareholder in The Duckhorn Portfolio, Inc. (NYSE:NAPA) with 7.2 million shares worth more than $73 million.

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