Altria: High-Yield Income Play Still Too Cheap To Ignore
Altria(MO) Seeking Alpha·2024-03-13 17:58
Mario TamaIn my previous update on Altria Group (NYSE:MO), I articulated that MO was working hard to establish a bottom. Over the past two months, MO's performance has slightly trailed the S&P 500 (SP500) but remained resilient. As a result, I assessed that buying momentum on MO has strengthened as investors returned to the well-battered stock, taking advantage of its cheap valuation and robust forward dividend yields. MO Quant Grades Vs. Peers (Seeking Alpha)MO is assigned a best-in-class "A" valuation ...