3 Reasons to Buy Altria Today
For investors to make educated investment decisions about their portfolios, they need to understand both the bear and bull side of each stock they own. In an effort to help, we're providing three reasons to both buy and sell some of the markets hottest stocks for your consideration.
Up today is Altria (NYS: MO) , and three reasons to consider buying. At the top of the list is this company's dominant position in the industry. With the Marlboro brand under lock and key, the domestic tobacco sector is essentially Altria's sandbox for competitors to try to access. They company also pays a hefty dividend and has an impressive portfolio of non-tobacco products, as well as a large and widely unknown stake in SABMiller.
While big growth may be behind the company, that doesn't mean it doesn't have big levers to pull to reward shareholders for years to come.
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The article 3 Reasons to Buy Altria Today originally appeared on Fool.com.Austin Smith owns shares of Philip Morris International. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Molson Coors Brewing and Philip Morris International. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.