3 Tobacco Stocks Grabbing Attention on Solid Industry Trends

The Zacks Tobacco industry participants have been focused on strengthening their arms in the smoke-free product arena owing to consumers’ rising health consciousness. Strong pricing power has also been working well for tobacco players.These upsides have been helping companies navigate a tough industry landscape, wherein inflation has impacted Adult Tobacco Consumers’ (“ATC”) spending patterns, thereby affecting companies’ volumes. All said, Philip Morris International Inc. (PM) , Altria Group, Inc. (MO) and ...