TWE is travelling well but growth will hinge on the Chinese economy which, at present shows no abatement. Wine is regarded as a 'Upper class drink' and a must for any dinner or occasion. It is the drink favored by the affluent Chinese and possibly regarded as a sign of prosperity and wealth. Chinese too hold their liquor well, to my knowledge, and I believe consume copious amounts without any signs of inebriation.
A tippler is also very similar to a smoker and once addicted, price is immaterial. This all tips the scales in TWE's favour.
Price dipped over the last year due to market trepidation/nervousness/fear, so I believe twenty will be surpassed by the NY.
TWE Price at posting:
$15.02 Sentiment: Buy Disclosure: Held
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