The parent company of Philip Morris USA, Altria controls much of the U.S. tobacco market with Marlboro, Parliament, and other brands.
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You know why I like the cigarette industry? They make a product for a quarter and sell it for a dollar, it's more addictive than heroin, smoking is the new black in the developing world, the dividends are fat and reliable, and there's fanatical brand loyalty. MO is an ATM, and at 20 bucks a share, it's practically a gift.
Hey buddy saw your name dropped in a Fool article, just checkin out your picks.I am curious why you think the developing world is going to have a positive impact on Altria. If you want to make a foreign play, why not go for PMI?