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Buy Treasury Wines

Our Algo Engine generated a recent buy signal in TWE and following the 30%  fall in the share price, (since August results), we now recommend accumulating the stock. 

The sell-off was largely based on  concerns of a weaker China
market.

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TWE trades 19x FY20 earnings and 2.2% dividend yield. The market continues to expect 15 – 20% EPS growth over the coming years.

 

 

 

 

 

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
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