BMunkers (71.58)

MO - Take some profits?

May 10, 2010 – Comments (2) | RELATED TICKERS: MO

I am currently up about 20% on MO. Due to the recent volatility in the market, I am tempted to take some profits off the table. If the market took a hit, I would buy Altria back since it is without a doubt a great stock. I never really planned to sell it considering the dividend is solid and smoking is something that is not going anywhere for a long time. Anyway, would you take profits right now, or just hold on? Let me know if you have any thoughts. Thanks!  [more]