Brown-Forman brings both stability and a high valuation.
News & Analysis: Brown-Forman (A Shares)
BF.A, BF.B earnings call for the period ending April 30, 2020.
The distiller has been hard hit by the closure of restaurants and bars, and one analysts thinks it won't bounce back quickly even after they reopen.
Not only should their sales hold up better than most during the coronavirus recession, but these stocks are trading for a nice discount.
The coronavirus outbreak may have millions stuck at home, and even out of work, but they're not likely to give up their favorite alcoholic beverage.
The alcohol manufacturer has venerable brands, but its high multiple leaves the stock vulnerable to this particular type of outbreak.
BF.A earnings call for the period ending January 31, 2020.
No industry is recession-proof, but adult beverages tend to hold up well no matter the conditions.
BF-A, BF-B earnings call for the period ending July 31, 2019.
Earnings kept moving markets on Wednesday morning.