Time to Buy These Big Tobacco Stocks for Higher Highs?
MOAltria(MO) ZACKS·2024-09-05 05:26

Big tobacco producers Altria Group (MO)  and Philip Morris International (PM) have seen their stocks soar over +30% this year.  With both stocks offering lucrative dividends and trading near 52-week highs they may certainly be catching investors' attention. That said, let’s see if it’s time to buy Philip Morris or Altria's stock for higher highs.Image Source: Zacks Investment ResearchIncreased ProfitabilityComplimenting Philip Morris and Altria’s market position as tobacco producers has been the adoption of ...