Altria Group, Inc. (NYSE:MO)
CAPS Rating:
The parent company of Philip Morris USA, Altria controls much of the U.S. tobacco market with Marlboro, Parliament, and other brands.
The parent company of Philip Morris USA, Altria controls much of the U.S. tobacco market with Marlboro, Parliament, and other brands.
Recs
Cigarettes: legal & addictive. I am also speculating on legalization of Marijuana & Altria's ability to shift and profit. Pretty safe spec play if you ask me; low beta & huge dividend.
Who else is in play here? There's gotta be a couple of upstarts at the penny stock level right now.