Why we still like Treasury Wine
Treasury Wine Estates remains an undervalued stock in spite of China's demand-destroying tariff on Australian wine. Morningstar director of equity research Adam Fleck explains why.
Mentioned: Treasury Wine Estates Ltd (TWE)
Transcript to follow.
Morningstar Premium subscribers can read Fleck's note on the Treasury Wine (ASX: TWE) tarrifs here: China's tariffs end Treasury Wine's growth party