Long-time readers know that I am focused on the beer, wine, and liquor sector. It has traditionally been one of the market's top-performing areas. You get companies with robust cash flows, recession-proof businesses, and healthy capital allocation decisions. At least most of the time. That being said, I haven't indiscriminately bought every stock in the industry. For example, I've avoided Constellation Brands (STZ) due to its uneven M&A track record, and passed on Anheuser-Busch (BUD) for its weighty debtload.
Then we have Scheid Vineyards (OTCPK:SVIN), a California winery that