Workflow
3 Tobacco Stocks to Watch as Smoke-Free Trends Ignite Growth
BTIBAT(BTI) ZACKS·2024-11-14 14:16

The Zacks Tobacco industry players are increasingly pivoting toward smoke-free alternatives, driven by consumer health awareness and tightening regulations against traditional cigarettes. Companies like Philip Morris International Inc. (PM) , Altria Group, Inc. (MO) and British American Tobacco p.l.c. (BTI) are investing significantly in reduced-risk products (RRPs), positioning them for growth in this transforming market. Despite declining cigarette sales volumes due to inflation and changing consumer pref ...