Stockchase Opinions

The Weekly Buzzing Stocks by Billy Kawasaki Altria Group Inc MO-N TOP PICK May 04, 2023

Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the largest producers and marketers of tobacco, cigarettes and related products. It operates worldwide. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. Social media mentions are up 64% in the past 24h.

$45.845

Stock price when the opinion was issued

tobacco
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DON'T BUY

A dividend story of about 8.7%. Shouldn't expect a lot of capital growth. 53 years of dividend growth averaging 6.9% growth per year, so sustainability is high. As a Canadian, you're giving up the dividend tax credit. Look for something in Canada.

WEAK BUY

Dividend play for the yield of around 9%, safe, grown for 53 years straight. You don't buy it for growth or for its fabulous future. Revenue, earnings, cashflow are relatively predictable. Trades between $40-50 pretty consistently. Not a terrible time to enter.

DON'T BUY

The biggest cigarette producer in the US, but has been penalized for this product. Phillips Morris will launch a smokeless product later this year which could threaten Altria.

BUY

A controversial stock, because the cigarette business is hated. But you're paid 8.4% to wait and shares will apprecicate.

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TOP PICK

Altria Group, Inc. is a holding company, which engages in the manufacture and sale of cigarettes in the United States. It operates through the following segments: Smokeable Products, Oral Tobacco Products, and All Other. The Smokeable Products segment consists of cigarettes manufactured and sold by PM USA, and machine-made large cigars and pipe tobacco manufactured and sold by Middleton. The Oral Tobacco Products segment includes MST and snus products manufactured and sold by USSTC, and oral nicotine pouches manufactured and sold by Helix. The All Other segment refers to the financial results of NJOY, Helix ROW, and the IQOS System heated tobacco business. The company was founded in 1919 and is headquartered in Richmond, VA. Social media mentions are up 2400% in the past 24h.