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The stock of Altria (NYSE: MO) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET today, according to data from ...
Altria (NYSE: MO) stock has vastly underperformed the market over the last five years. Over that time span, the S&P 500 has risen in value by 104%. Altria shares, meanwhile, added just 43%. But ...
Before you buy Altria stock for the income stream it can create, step back and consider these three facts. 1. Altria's most important business is in decline. In the first quarter of 2024, Altria's ...
Altria Group, Inc. Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco. It operates worldwide and is headquartered in Henrico County, Virginia, just ...
Over the last decade, for instance, Altria stock has delivered a 120% total return, while S&P 500 investors enjoyed gains of 238%. This handicap makes Altria stock a buy for some, but not all.
That doesn't leave a great deal of downside risk from the stock's present price even with the recent run-up. So, no -- it's not too late to buy Altria stock. Should you invest $1,000 in Altria ...
The magic of Altria stock is that it doesn't need much growth to provide solid investment returns. The company's famous dividend yields 8.6% today, almost what the broader market returns in an ...
July 3, 2024 at 5:05 AM. Altria Group(NYSE: MO) stock has struggled the match the market's meteoric rise. Over the past five years, the S&P 500 has roughly doubled in value. Altria stock ...