Alcohol stocks fall into the consumer staples sector for their defensive attributes. It’s not that people “need” their products, but they tend to buy them no matter the state of the economy. Not surprisingly, brewers delivered outsized earnings growth of 32.4 when compared to the earnings growth of the overall consumer staples sector.  However, earnings growth is expected to normalize relative to the sector. That means investors will have to be more selective in choosing alcohol stocks to buy. And it’s a re ...