Is MO a good stock to buy?
We came across a bullish thesis on Altria Group, Inc. on Investing Lawyer’s Substack
In this article, we will summarize the bulls’ thesis on MO. Altria Group, Inc.’s share was trading at $72.11 as of May 27th. MO’s trailing and forward P/E were 15.05 and 12.87 respectively according to Yahoo Finance.
Copyright: kophoto / 123RF Stock Photo Altria is one of the largest tobacco companies in the United States and is best known for its Marlboro cigarette franchise and smokeless tobacco products. The investment case centers on the company’s ability to generate substantial and consistent cash flow from a large, resilient tobacco market despite long-term declines in smoking rates and increasing social scrutiny surrounding the industry. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential While environmental, social, and governance-focused investors often avoid tobacco stocks because of the health impacts associated with smoking, Altria continues to attract income-oriented investors due to its strong shareholder return profile and decades-long record of rewarding investors. The company has increased its dividend for 55 consecutive years, demonstrating a commitment to returning capital through varying economic and regulatory environments.