Altria: Still Undervalued, Buy On Strength

Mario Tama My most recent coverage of my favorite stock, Altria Group, Inc. (NYSE:MO) was more than three months ago in December 2023. I had rated the stock a "Buy", urging investors to buy on the weakness triggered by a move by peer British American Tobacco p.l.c. (BTI). Since then, the stock has returned about 9% compared to the market's 12% return. Despite my liking for the stock, had someone told me at the time of my previous article that Altria's stock would outperform the S&P 500 in the first quar ...