This flight to safety is evident in defensive consumer staples stocks like tobacco giant Altria Group (NYSE: MO), which has done very well recently. Shares are up over 30% over the past 12 months (not ...
It also drove them toward tariff-proof companies that wouldn't be significantly affected by those levies. Many of those ...
Altria Group (NYSE:MO) is a company many investors may not be willing to even consider. The Virginia-based tobacco company is ...
Indeed, its Marlboro cigarette brand has a nearly 42% share of the U.S. cigarette market. Add in a 7.3% yield backed by a growing dividend, and you can see why investors would be attracted to ...
home of top-selling traditional cigarette Marlboro, in terms of revenue. However, sales from unregulated imported ...
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Cigarette consumers tend to be very brand loyal, so the huge market share Altria enjoys with Marlboro is a big benefit over the competition. That said, Altria only operates in North America.