Altria(MO)
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With Over 10% Gains This Year Is Altria Stock A Better Pick Than Freeport?
Forbes· 2024-06-03 12:00
UKRAINE - 2021/08/12: In this photo illustration an Altria Group, Inc. logo seen displayed on a ... [+] smartphone screen and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesWe believe that Altria stock (NYSE: MO) is a better pick over Freeport-McMoRan stock (NYSE: FCX), given its better prospects. Although these companies are from different sectors, we compare them because they have a similar market capitalization of ...
Here is What to Know Beyond Why Altria Group, Inc. (MO) is a Trending Stock
ZACKS· 2024-05-30 14:06
Altria (MO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this owner of Philip Morris USA, the nation's largest cigarette maker have returned +3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Tobacco industry, which Altria falls in, has gained 3.3%. The key question now is: What could be the stock's future direct ...
Could Investing $100,000 in Altria Make You a Millionaire?
fool.com· 2024-05-25 14:08
Altria has a huge 8.5% dividend yield, which could generate a lot of cash for investors. Is that enough for it to be a millionaire-maker stock?Altria (MO -0.33%) is a consumer products maker with an industry-leading position, a long history of increasing its dividend annually, and a huge 8.5% dividend yield. There are things to like here and, on the surface, it would seem like this could be a millionaire-maker stock. But there are big risks that investors need to consider before buying.Altria is a leader in ...
Altria (MO) Navigates Hurdles on Pricing, Smoke-Free Strength
zacks.com· 2024-05-23 14:45
Altria Group, Inc. (MO) has effectively leveraged its pricing power and strategic pivot toward smoke-free products to navigate market uncertainties. These upsides have been helping this tobacco giant stay firm despite facing declining cigarette volumes.Harnessing Pricing PowerAltria's robust pricing strategy has been essential in maintaining stability amid industry challenges. While elevated prices may potentially discourage cigarette consumption, it is seen that smokers tend to absorb price increases owing ...
1 Reason to Buy Altria Stock Like There's No Tomorrow
fool.com· 2024-05-21 12:20
Depending on what happens in 2024, this might become one of the best stocks to own.Altria (MO -0.39%) is commonly regarded as a defensive stock. That is, when you want to play defense against a potential bear market, this is the type of stock you want to own.No one knows exactly where markets will head from here. But if you want to protect your nest egg, keep reading.Make sure you own Altria stock if this 1 thing happensIf a bear market hits, you'll want to own Altria stock. Of course, no one can predict wh ...
Zacks Industry Outlook Philip Morris, Altria and British American Tobacco
zacks.com· 2024-05-20 11:11
For Immediate ReleaseChicago, IL – May 20, 2024 – Today, Zacks Equity Research Philip Morris International Inc. (PM) , Altria Group, Inc. (MO) and British American Tobacco p.l.c. (BTI) Industry: TobaccoLink: https://www.zacks.com/commentary/2275240/3-tobacco-stocks-worth-watching-amid-industry-challengesThe Zacks Tobacco industry players have been witnessing soft cigarette sales volumes due to inflation, changing consumer habits, and stringent regulations. Increased costs of essential materials further rais ...
Altria Group: Buy, Sell, or Hold?
fool.com· 2024-05-20 09:15
Altria business faces tough challenges, but it pays hefty dividends.The S&P 500 has gained more than 26% in the last year. However, it's important to remember that not all stocks benefit from a strong market.During this time, Altria Group (MO 0.28%) lost about 2%. Does this present a buying opportunity? Or should you sell the shares and invest that money elsewhere?To make that determination, it's time to better understand Altria's business and prospects. Declining businessAltria produces cigarettes, cigars, ...
3 Reliable Dividend Stocks With Yields Above 5% You Can Buy With Less Than $100 Right Now
fool.com· 2024-05-20 08:37
High yields and a strong chance for steady payout raises in the years ahead make these great stocks to buy now.Investors looking to pad their passive income streams with high-yield dividend stocks have three excellent choices. If you have an extra $100 to invest, you could set yourself up with dividends from Realty Income (O -0.11%), Altria Group (MO 0.28%), or Pfizer (PFE -0.97%).All three of these dividend payers have long histories of steady annual dividend raises. Plus, they offer yields above 5% at rec ...
I Wouldn't Touch This Stock With a 10-Foot Pole: Here's What I'd Buy Instead
fool.com· 2024-05-18 06:02
Altria has a huge yield and a struggling business. I'd rather own this other consumer staples company despite the troubles it's facing.I like to buy companies with long histories of dividend increases while they are offering historically high dividend yields. On the surface, that would suggest that I might want to buy Altria (MO 0.28%) and its huge 8.7% yield. No, thanks: I'd rather own Hormel Foods (HRL 0.61%) and its much lower 3.1% yield. Here's why.Altria's core business is shrinking fastAltria's bigges ...
This Stock Is Up 13% This Year and Has an 8.5% Yield
247wallst.com· 2024-05-17 11:10
This Stock Is Up 13% This Year and Has an 8.5% Yield asimzb / Flickr 24/7 Insights:Altria Group Inc. (NYSE: MO) has several reasons for its generous dividend.Its yield is almost certain to stay high for years.The share price of Altria Group Inc. (NYSE: MO), the tobacco company, has risen 14% this year to about $46. That compares to an 11% gain for the S&P 500. The stock also has an 8.52% dividend yield. Altria is rarely purchased because it is a candidate for sharp price increases, so for some investors, ...