Altria vs. Philip Morris: Which Tobacco Stock Is a Better Buy Now?

In the world of tobacco investing, Altria Group, Inc. (MO) and Philip Morris International Inc. (PM) stand out as two of the most dominant players. While they share a common legacy, their strategies have diverged in recent years. Altria remains focused on the U.S. market, where it continues to dominate in traditional cigarettes while gradually expanding into reduced-risk products (RRPs). Philip Morris, in contrast, is leading a global transformation, aggressively expanding its heated tobacco portfolio and a ...