Altria(MO)

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Altria Rallies 15% in 3 Months: Should You Buy, Hold or Sell MO Stock?
ZACKS· 2024-08-30 15:10
Altria Group, Inc. (MO) has been experiencing gains from its efforts to solidify its position in the smoke-free product market in the face of declining cigarette volumes. The company’s shares have rallied 15.4% in the past three months. Although underperforming the industry’s growth of 19.3%, Altria has fared better than the broader Zacks Consumer Staples sector and the S&P 500’s respective gains of 5% and 5.6% in the same time frame.Image Source: Zacks Investment ResearchAltria closed the trading session a ...
This 7.7%-Yielding Sin Stock Just Increased Its Dividend Payment
The Motley Fool· 2024-08-30 10:50
Altria just raised its dividend by 4.1%.Although the stock market has generally held up during the past couple of years, both the S&P 500 and Nasdaq Composite experienced some hefty selling during the past month. While sell-offs are par for the course in the market, they can be quite jarring for inexperienced investors.One company that has been a consistent winner for decades is tobacco company Altria (MO 0.26%). Altria is considered to be a sin stock due to the products it sells -- primarily cigarettes.Alt ...
Altria: Trimming Due To Portfolio Concerns, But Dividend Well Covered
Seeking Alpha· 2024-08-26 03:01
krblokhin Altria Group, Inc. (NYSE:MO) has announced its 55th consecutive year of dividend increase as covered here by Seeking Alpha. The world of investing is filled with adages, repeated ad nauseam at times. But Altria is a living embodiment of "time over timing" as the company's quarterly dividend has now more than tripled since the spin-off in 2008. And without much fanfare, if not downright skepticism surrounding it. I have a history of covering dividend increases of my favorite stocks. The article lin ...
Solid Operational Performance, Low Valuation, And High Dividend Yield Make Altria Stock Attractive
Seeking Alpha· 2024-08-23 08:30
FotografiaBasica Article Thesis Altria Group, Inc. (NYSE:MO) has been a strong performer in recent months, driven by an undemanding valuation and a declining rates environment that made it more attractive for income investors. On Thursday, the company announced another dividend increase, keeping the dividend growth story intact. Past Coverage In the past, I have written about Altria Group here on Seeking Alpha. My most recent article is from March 2024, or around five months ago. In that article, I argu ...
Is Kimberly-Clark Stock A Better Pick Over Altria?
Forbes· 2024-08-22 11:00
GERMANY - 2024/07/28: In this photo illustration, a Kimberly-Clark Corporation logo seen displayed ... [+] on a tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesWe believe that Kimberly-Clark stock (NYSE: KMB) is currently a better pick than the tobacco company, Altria stock (NYSE: MO), given its better valuation. The decision to invest often comes down to finding the best stocks within the scope of certain characteristics that s ...
Altria: Executing Beautifully On Its NJOY Acquisition
Seeking Alpha· 2024-08-21 11:00
Ivan Pantic/E+ via Getty Images Introduction Altria (NYSE:MO) is currently one of my largest portfolio holdings and a very popular stock amongst dividend investors. And for good reason. The stock has more than 50 years of dividend increases and looks to add to that record soon with another one. The stock has performed well, thanks to growing market share and a seemingly successful venture into the e-vapor category. This is something I have been excited about since the announcement. In this article I dis ...
Altria: Menthol Win And Growing NJOY Market Share Deserve To Be Celebrated
Seeking Alpha· 2024-08-17 14:00
GorlovWe previously covered Altria (NYSE:NYSE:MO) in May 2024, discussing its mixed performance in the Smokeable/ Smoke-free segments and recommending readers to remain patient given its nascent transition to smoke-free approaches. With NJOY already reporting growing retail share and H2'24 likely to bring forth improved numbers as guided by the management, we had reiterated our Buy rating attributed to its still rich dividend investment thesis and robust support levels of between $40s and $44s - with it ...
3 Defensive Stocks Worth Buying on the Dip in August
Investor Place· 2024-08-14 10:35
Defensive stocks are clearly on everyone’s mind after markets fell dramatically at the start of August. Investors worldwide moved into risk-off mode, fearing that the U.S. economy was about to hit a snag. The sudden increase in unemployment in July was the catalyst that left many worried.Last week’s improvement in jobless numbers has helped soothe nerves for now. However, markets are still trading lower than they were a week ago. This means it may be appropriate to consider which defensive stocks to buy on ...
Altria: A Massively Undervalued Dividend Champion
Seeking Alpha· 2024-08-09 10:24
krblokhin Investment thesis My previous bullish thesis about Altria (NYSE:MO) aged extremely well as the stock delivered a total 16% return since May, compared to +2% demonstrated by the S&P 500 (SPX). Today I want to refresh my thesis as lots of development occurred, and I must share my insights about them. The company's performance is moving in line with the management's strategic initiatives, and the valuation is still very attractive. All in all, I reiterate my "Strong Buy" rating for MO. Recent dev ...
Altria: Our Best Bet In The Current Market
Seeking Alpha· 2024-08-08 05:28
mariusFM77 Altria Group, Inc. (NYSE:MO), through its subsidiaries, manufactures and sells smokable and oral tobacco products in the United States. Its most iconic and recognisable brand is Marlboro. Since the start of the year, MO has generated a total return of 28.2% for its shareholders, significantly outperforming the broader market, which has returned roughly 11% in the same period. Data by YCharts The aim of our article today is to assess whether there is any upside potential left after this price run ...