jaxdog

$NAPA - IPO Base Breakout - For Wine Drinkers Only?

Long
NYSE:NAPA   The Duckhorn Portfolio, Inc
Notice the note on the chart at breakout. I have had a small position in this from just after the IPO, I like Duckhorn wines. It's finally paying off. I'd like to build this into a full position but I'll wait to see if it will consolidate above or near the base breakout. I think this can be a long term leader for years to come. But, that's only an opinion. With that in mind, here's a tasty ticker for your watch list. Ideas, not investing / trading advice.

Oh, and they reported earnings on June 7th and beat.

From earningswhispers.com:

The Duckhorn Portfolio (NAPA) reported Quarter April 2021 earnings of $0.09 per share on revenue of $90.4 million. The consensus estimate was a loss of $0. 01 per share on revenue of $76.1 million.

The Duckhorn Portfolio is North America’s premier luxury wine company, with ten wineries, eight state-of-the-art winemaking facilities, seven tasting rooms and more than 800 coveted acres of vineyards spanning 22 Estate properties.