Altria's Shares Rallied, but Is the Stock a Buy?
Altria(MO) The Motley Fool·2024-11-10 07:00
Altria's stock is up by more than 30% over the past year, with a recent, and sizable, post-earnings jump. Is it worth this price?Shares of Altria (MO 0.95%) have had a great run over the past year, gaining more than 30% in value. Third-quarter 2024 earnings got investors particularly excited, with the stock rallying sharply after the release. But is Altria's business really that good? To answer that question you need to dig into the numbers a little bit. But you only have to scratch the surface before you r ...