Asness's AQR Capital Management disposed of almost its entire stake in artificial intelligence (AI) titan Taiwan Semi in favor of an industry-leading company that was sporting a 9% yield.Whether you're a relatively new investor or someone who's been putting their money to work on Wall Street for decades, you're probably aware of just how overwhelming the number of data releases can be. Between thousands of public companies reporting their operating results each quarter and economic data being released daily ...

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JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Core Viewpoint - Altria Group, despite its high dividend yield of 8.2%, faces significant long-term risks due to declining youth tobacco use and changing demographics, which could jeopardize its growth prospects and dividend sustainability [1][5][9]. Group 1: Dividend Analysis - Altria's dividend yield is significantly higher than the average S&P 500 yield of 1.3%, requiring a much lower investment to generate $1,000 in annual dividend income compared to the broader market [1][2]. - The company has a modest payout ratio of 67% and has increased its dividend 59 times in the past 55 years, suggesting a historical commitment to maintaining its dividend [7]. - However, the long-term viability of the dividend is questioned due to potential risks to the core business model, which could render the dividend a "ticking time bomb" [7][8]. Group 2: Industry Trends - Youth tobacco use has reached a 25-year low, with only 1.4% of students reporting cigarette smoking, indicating a significant decline in demand for tobacco products [5][6]. - The decline in e-cigarette use and overall tobacco consumption among younger demographics poses a broader problem for Altria, which is attempting to pivot towards smoke-free products [6]. - The stock has only risen 7% in the past five years, and future growth prospects appear bleak as younger generations are not adopting smoking habits, further challenging Altria's market position [9]. Group 3: Investment Considerations - While Altria's high dividend may attract investors, the uncertain future and declining market demand suggest that it may not be a prudent investment choice [10]. - Investors are advised to approach Altria stock with caution, as the potential for underwhelming returns exists despite the attractive dividend [9].

Group 1 - The company focuses on GARP (growth at a reasonable price) stocks while also exploring other investment opportunities [1] - The investment strategy is based on the validity of the investment thesis, with no specified time horizon for holding stocks [1] - The company has developed market-beating algorithms using Python to identify attractive investment opportunities within its portfolio since 2016 [1] Group 2 - The company has experience working at TipRanks as an analysis/news writer and editor, which has enhanced its market awareness and understanding of reader interests [2] - Attention to detail has been emphasized, with a recognition of the prevalence of misinformation and "fluff" in the market [2] - The goal of the company is to provide accurate and useful information to its audience [2] Group 3 - The company was previously associated with Investor's Compass [3]

Smoking doesn't align with my personal values.Dividends are a big part of my investment strategy. I prefer to invest in companies that offer attractive and growing dividends. I like to collect passive income, and dividend growers are proven wealth creators. Given all this, Altria Group (MO 7.84%) would seem to be the perfect stock for me. The company currently pays a dividend yielding more than 8%. Meanwhile, it has increased its payment 59 times over the last 55 years, a trend it expects will continue thro ...

The market was clearly impressed how management is coping with the company's challenging situation.On Thursday, good news from one of the market's favorite "sin stocks" drove its share price up by almost 8%. This lucky company was Altria (MO 7.84%); the cigarette maker's latest quarterly earnings report was received most favorably by market players. The stock's pop on the day was in market contrast to the 1.9% slump of the benchmark S&P 500 index.Slight increases and modest beatsThat morning, Altria release ...

Financial Data and Key Metrics Changes - Altria reported adjusted diluted earnings per share (EPS) growth of 7.8% in Q3 2024 and 1.6% for the first nine months, reaffirming full-year adjusted diluted EPS guidance in the range of $5.07 to $5.15, representing a growth rate of 2.5% to 4% from a base of $4.95 in 2023 [32][45] - Adjusted operating company's income (OCI) for the Smokable Products segment grew by 7.1% in Q3 and 0.9% for the first nine months, with adjusted OCI margins expanding to 63.1% for Q3 [33][34] - The company paid approximately $1.7 billion in dividends and repurchased 13.5 million shares for $680 million in Q3 2024 [45] Business Line Data and Key Metrics Changes - The Smokable Products segment saw domestic cigarette volumes decline by 8.6% in Q3 and 10.6% for the first nine months, with adjusted domestic cigarette volumes declining by an estimated 11.5% in Q3 [35][36] - The Oral Tobacco Products segment reported adjusted OCI growth of 2% in Q3 and 2.7% for the first nine months, with strong margins at 66.8% for Q3 [39] - NJOY consumables shipment volume grew more than 15% to 10.4 million units in Q3, with device shipment volume nearly tripling to 1.1 million units [15][16] Market Data and Key Metrics Changes - The e-vapor category included approximately 19 million adult vapors, up 2.5 million from the previous year, with illicit disposable products driving category growth [16][17] - The oral nicotine pouches category grew 11.4 share points, now representing nearly 44% of the category, contributing to a 7.5% increase in oral tobacco industry volume over the past six months [23] - The discount segment share grew by 1.5 share points in Q3, while Marlboro's retail share of the premium segment increased to 59.3% [37] Company Strategy and Development Direction - Altria is launching a multiphase initiative to modernize operations, aiming for at least $600 million in cumulative cost savings over the next five years [27][29] - The company continues to focus on transitioning adult smokers to smoke-free products, emphasizing the importance of regulatory support and enforcement against illicit products [30][19] - Altria's strategy includes maximizing profitability in the Smokable Products segment while investing in smoke-free product growth [33][66] Management's Comments on Operating Environment and Future Outlook - Management highlighted ongoing economic pressures on consumers, impacting discretionary income and cigarette consumption [36][50] - The company remains optimistic about the potential of NJOY and on! brands, with plans to continue testing and investing in these smoke-free products [12][24] - Management expressed confidence in the company's ability to navigate regulatory challenges and litigation, particularly regarding NJOY's patent issues with Juul [20][70] Other Important Information - Altria recorded $144 million of adjusted equity earnings from its investment in ABI, reflecting a 0.7% increase year-over-year [42] - The company has ongoing litigation regarding patent infringement claims against NJOY, with a final determination expected by late December [21][68] - Altria's total debt to EBITDA ratio was 2.1 times as of September 30, aligning with its target of approximately two times [46] Q&A Session Summary Question: Guidance for Q4 and factors affecting it - Management acknowledged the benefit from the MSA legal fee expiration and an extra shipping day in Q4, contributing to their guidance [48][49] Question: Discount category share dynamics - Management noted economic strain on consumers is influencing category movements, with some consumers shifting to discount brands [50][51] Question: Maintaining guidance despite strong Q3 - Management explained that the dynamic market conditions and the impact of illicit products influenced their decision to maintain guidance [53][55] Question: Patent infringement lawsuit against NJOY - Management provided updates on the SE applications and ongoing negotiations with Juul, expressing confidence in avoiding patent infringement [70][71] Question: EBIT margin performance in smokables division - Management confirmed controllable costs were down due to timing factors and advised against extrapolating this performance over the long term [72][74] Question: Expectations for heated tobacco category - Management expects e-vapor to remain the largest category, with ongoing monitoring of the heated tobacco segment [76]

Altria Group Inc. (MO) posted third-quarter 2024 results, wherein the bottom line improved year over year and beat the Zacks Consensus Estimate, whereas revenues dipped due to the smokeable products segment.  However, the smokeable products segment saw robust operating income growth, driven by Marlboro's strong performance. In the oral tobacco category, MST brands sustained profitability, and on! continued its upward momentum in the market. Along with the earnings release, Altria has unveiled a new initiati ...

Altria Group, Inc. (NYSE: MO ) has just released its FY 2024 Q3's results as Seeking Alpha has covered here . While pre-market price action can be fickle, it looks like Altria investors are set for a day Dividends (DGI and DRIP) and Growth at reasonable price (GARP) for Long-term. Serious money.Fun trading for short-term. Play money.Ideas and thoughts presented in the articles are not professional recommendations. Analyst's Disclosure: I/we have a beneficial long position in the shares of MO either through ...