Altria (MO) Hits 52-Week High: Time to Cash In or Hold Steady?
Altria(MO) ZACKS·2024-07-26 22:02
Altria Group, Inc. (MO) , a leading player in the tobacco industry, recently reached a 52-week high, sparking significant interest among investors. This milestone raises an important question: should investors lock in their gains now or maintain their positions for potential future upside?Altria's shares peaked at $50.47 before settling at $49.80 by the end of the trading session on Jul 25, 2024. Driven by its robust fundamentals and attractive dividend payouts, this tobacco giant has outpaced the industry ...