The maker of Jack Daniel's has stayed resilient throughout the COVID-19 crisis, but is there too much growth baked into its stock price?
News & Analysis: Brown-Forman (B Shares)
Jack Daniel's Tennessee Whiskey was among the distiller's weakest brands during the pandemic.
There's still a trade battle being fought in Europe.
Brown-Forman brings both stability and a high valuation.
The premiumization trend was one all distillers and brewers could count on before the pandemic.
BF.A, BF.B earnings call for the period ending April 30, 2020.
The coronavirus pandemic damaged sales at bars and restaurants in the fourth quarter.
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.
There are investing opportunities to be found in coffee and alcoholic beverages.
Not only should their sales hold up better than most during the coronavirus recession, but these stocks are trading for a nice discount.