krblokhin Investment thesis My previous bullish thesis about Altria (NYSE:MO) aged extremely well as the stock delivered a total 16% return since May, compared to +2% demonstrated by the S&P 500 (SPX). Today I want to refresh my thesis as lots of development occurred, and I must share my insights about them. The company's performance is moving in line with the management's strategic initiatives, and the valuation is still very attractive. All in all, I reiterate my "Strong Buy" rating for MO. Recent dev ...

mariusFM77 Altria Group, Inc. (NYSE:MO), through its subsidiaries, manufactures and sells smokable and oral tobacco products in the United States. Its most iconic and recognisable brand is Marlboro. Since the start of the year, MO has generated a total return of 28.2% for its shareholders, significantly outperforming the broader market, which has returned roughly 11% in the same period. Data by YCharts The aim of our article today is to assess whether there is any upside potential left after this price run ...

The stock has one of the highest yields on the S&P 500. How long will it last?Tobacco company Altria Group (MO 1.11%) has been a solid dividend stock for decades. It has not only paid a dividend for years, but it has also been raising its payouts regularly, giving investors plenty of incentive to buy and hold. Altria has been an effective choice for income investors with a long-term strategy.But with sales declining and Altria facing an uncertain path ahead, investors might have growing concerns about the s ...

PM Images2024 hasn't just been good for technology companies able to capitalize on the AI boom, it's also been strong for companies that produce things. Companies of yesterday that are often regarded as boring, including The Coca-Cola Company (KO) and Exxon Mobil Corporation (XOM), are up more than 15% YTD. One of my favorite companies that many investors had written off is having a great year, and I believe it will get better in the 2nd half of 2024. Altria Group (NYSE:MO) has been a battleground stock ...

peshkov MO stock: a hedge against hard landing I last analyzed Altria Group (NYSE:MO) in mid-July. As you can see from the screenshot below, I wrote an article titled "2 Misconceptions About Altria" on July 16, 2024, on MO stock. As the title suggests, the goal of the article was to clarify two common misconceptions surrounding the stock, and I argued why the stock’s upside potential is underestimated because of these misconceptions. More specifically, I explained why: The bears' argument regarding the ...

krblokhin Altria Group (NYSE:MO) submitted a solid earnings sheet for the second fiscal quarter, although the tobacco firm missed on both the top and the bottom line. Strong NJOY momentum, driven by growing distribution and product uptake, continues to support the company's earnings growth projection and the e-cigarette market opportunity is growing for Altria. On the other hand, Altria's combustible segment is still struggling as smokers turn away from traditional tobacco products. From a dividend cove ...

krblokhin Altria Group (NYSE:MO) has been one of my best performing 2024 investment picks so far this year, with the stock (including dividends) being up by almost 30%. Earlier in June, I issued a follow-up article explaining the key reasons behind my decision to further increase the exposure to MO. After the publication of this article, the total returns have landed at ~ 12%, outperforming the S&P 500 by about 10%. Just recently, Altria circulated its Q2, 2024 earnings deck, where initially the market ...

prchaec Things have been going quite well for shareholders of tobacco giant Altria Group, Inc. (NYSE:MO). Since I last rated the company a “hold” back in late April of this year, shares have skyrocketed by 15.3%. That's almost double the 8.6% increase seen by the S&P 500 (SP500) over the same window of time. This upside is also even though, on July 31st, shares declined by 3.1%. This was in response to management reporting financial results for the second quarter of the 2024 fiscal year. Revenue and adj ...

Altria Group NYSE: MO is one of the world’s “Big Three” tobacco companies and is in the consumer staples sector. Let's examine the firm’s business segments and the state of the cigarette market. We'll then review its Q2 2024 earnings report and examine the company’s growth areas.Get Altria Group alerts:Altria's Segments: Smokeable Products DominateAltria Group TodayMOAltria Group$49.67 +0.66 (+1.35%) 52-Week Range$39.06▼$50.85Dividend Yield7.89%P/E Ratio10.39Price Target$47.10Add to WatchlistAltria divides ...

Altria's Second-Quarter and First-Half 2024 Earnings Conference Call July 31, 2024 1 | ALCS | Q2 2024 | 7.31.24 | For Investor Purposes ONLY Safe Harbor Statement Statements, including earnings guidance, in this presentation that are not reported financial results or other historical information are "forward-looking statements" within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans, estimates and expectations, and are not guarantees ...