Is Brown-Forman Stock a Buy?
The COVID-19 pandemic has brought more attention to consumer staples stocks such as Brown-Forman (NYSE: BF.A) (NYSE: BF.B), as prolonged lockdowns led to a massive surge in off-premise alcohol sales.
Unfortunately, increased home consumption did not fully compensate for the lost business from bars and restaurants. Consequently, the maker of brands such as Jack Daniel's whiskey, Herradura tequila, and Finlandia vodka saw its stock fall along with the general market in February and March.
Source Fool.com
