Altria(MO)
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Is It Time To Start Selling Altria, British American And Philip Morris? 4 Things You Need To Know
Seeking Alpha· 2024-09-20 11:00
Click here for a two-week free trial , so we can help you achieve better long-term total returns and your financial dreams.He is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of analysts (Brad Thomas, Justin Law, Nicholas Ward, Chuck Carnevale, and Sebastian Wolf) help members invest more intelligently in dividend stocks. Feat ...
Want Safe Dividend Income in 2024 and Beyond? Invest in These 3 Ultra-High-Yield Stocks.
The Motley Fool· 2024-09-20 08:48
Not every business is built to last and even thrive in all economic environments. These three are.If your gut tells you now is a good time to add some safe dividend payers to your investment portfolio, you'd be wise to listen. Between geopolitical turmoil, lingering inflation, unpredictable interest rates, rising loan delinquencies, and political uncertainty, the near future may not be a great environment for some -- or maybe any -- growth stocks.However, these three high-yield dividend stocks are up to the ...
Altria (MO) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-09-18 22:51
In the latest trading session, Altria (MO) closed at $50.63, marking a +0.25% move from the previous day. This move outpaced the S&P 500's daily loss of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 0.31%.Coming into today, shares of the owner of Philip Morris USA, the nation's largest cigarette maker had lost 1.83% in the past month. In that same time, the Consumer Staples sector gained 3.54%, while the S&P 500 gained 1.57%.Investors will be ea ...
Altria Stock: Still Smoking Hot Despite Declining Sales
Seeking Alpha· 2024-09-12 13:39
krblokhin Altria (NYSE:MO), the 2nd-largest tobacco company by market cap, has performed relatively well since my latest Buy rating on the stock in May 2023. After reviewing the stock's valuation again today, I realized that it's still undervalued and has plenty of upside potential ahead. Additionally, the US tobacco market is actually expected to grow (albeit very slowly) in the coming years, so that can help Altria maintain relatively stable revenue figures in the longer term, even though it has seen ...
Altria: 7%+ Dividend Yield Is Good, 10%+ Total Shareholder Yield Is Irresistible
Seeking Alpha· 2024-09-10 17:43
AngiePhotos/E+ via Getty ImagesMO stock: Previous thesis and capital allocation My last article on Altria Group (NYSE:MO) titled "Altria Q2, Cigarette Price Elasticity, And Market Panic" was published on Aug. 6, 2024, by Seeking Alpha. As you can see from the chart below, I rate the stock as a Buy based on the updates from its Q2 earnings report. More specifically, I discussed Altria's recent price divergence from the broader market and argued that this divergence is yet another demonstration of Altria' ...
NJOY Is Thriving, but Altria Needs More Than Vaping Before Investors Buy the Stock
The Motley Fool· 2024-09-08 10:10
Altria investors are very excited by the prospects for NJOY, but the tobacco company is nowhere near replacing its core business.The stock of Altria (MO -1.07%) has risen more than 20% over the past year as investor sentiment around cigarette makers has improved across the board. The big story for all the major companies in the space has been the growth of cigarette alternatives, like vaping products and pouches.For Altria, after a failed investment in Juul, the hot story is its purchase of NJOY. But don't ...
Altria (MO) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-09-05 22:51
Altria (MO) closed the latest trading day at $54.27, indicating a -0.8% change from the previous session's end. The stock fell short of the S&P 500, which registered a loss of 0.3% for the day. At the same time, the Dow lost 0.54%, and the tech-heavy Nasdaq gained 0.25%.Shares of the owner of Philip Morris USA, the nation's largest cigarette maker have appreciated by 9.35% over the course of the past month, outperforming the Consumer Staples sector's gain of 3.59% and the S&P 500's gain of 3.42%.Analysts an ...
Time to Buy These Big Tobacco Stocks for Higher Highs?
ZACKS· 2024-09-04 21:26
Big tobacco producers Altria Group (MO) and Philip Morris International (PM) have seen their stocks soar over +30% this year. With both stocks offering lucrative dividends and trading near 52-week highs they may certainly be catching investors' attention. That said, let’s see if it’s time to buy Philip Morris or Altria's stock for higher highs.Image Source: Zacks Investment ResearchIncreased ProfitabilityComplimenting Philip Morris and Altria’s market position as tobacco producers has been the adoption of ...
Altria's Focus on Smoke-Free Products Aids Amid Soft Cigarette Volumes
ZACKS· 2024-09-03 15:00
Altria Group, Inc. (MO) has been benefiting from its strategic shift toward smoke-free products in the face of declining traditional cigarette volumes. Pricing power has also been working well for the company, which has seen its shares rally 35.3% in the past six months. While this performance trails the broader industry growth of 36.7%, it surpasses the Zacks Consumer Staples sector and S&P 500 gains of 7.8% and 10.6%, respectively.Image Source: Zacks Investment ResearchFocus on Smoke-Free Alternatives Dri ...
This Ultra High-Yield Dividend Stock Just Raised Its Payout. Should You Buy?
The Motley Fool· 2024-09-01 12:21
This industry leader's dividend is hard to resist, but its business is facing some serious challenges.Among ultra-high-yield dividend stocks of long standing, you don't get much more reliable than Altria Group (MO 0.77%). The company has consistently paid a generous dividend, and its stock is one of the market's rare Dividend Kings, meaning its management has enacted dividend raises at least once annually for at least 50 years in a row.Sure enough, like clockwork, Altria made its habitual once-per-year divi ...