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Is Brown-Forman Stock a Buy?

Is Brown-Forman Stock a Buy?

Brown-Forman (NYSE: BF.A)(NYSE: BF.B) managed to eke out a meager gain against the S&P 500 last year, even though out-of-home drinking opportunities were limited to non-existent. Although alcohol stocks are supposed to be recession-resistant, Brown-Forman stock is down 10% so far this year. Let's take a closer look at whether that makes the maker of Jack Daniel's Tennessee Whiskey a buy.