Altria Group (MO) is a consumer staples goliath, boasting a market cap of $82.8 billion. It is known for the Marlboro cigarette brand in the U.S. and several other non-smokable brands, including Skoal, Copenhagen, and the Ste. Michelle brand of wine.  The company also has a 10% equity stake in global beer giant Anheuser Busch Inbev, a significant stake in Juul, the manufacturer and distributor of a vaping product, and a stake in the cannabis company Cronos Group (CRON).  Due to the risks surrounding tobacco stocks, including declining investor interest which can result in a valuation compression and hence affect total returns, I am neutral on the stock.
https://www.tipranks.com/news/article/altria-group-a-top-counter-inflation-pick?utm_source=advfn.com&utm_medium=referral
Altria (NYSE:MO)
Historical Stock Chart
Von Apr 2022 bis Mai 2022 Click Here for more Altria Charts.
Altria (NYSE:MO)
Historical Stock Chart
Von Mai 2021 bis Mai 2022 Click Here for more Altria Charts.