Is It Time to Get Greedy With Altria Group Stock?
The ever-quotable Warren Buffett once said that investors would do well to be fearful when others are greedy and greedy when others are fearful. Cigarette maker Altria (NYSE: MO) has had a rocky year, with shares hitting record highs, then sharply crashing when the Food and Drug Administration said it wanted to lower nicotine in cigarettes to nonaddictive levels.
Now its shares have rebounded 20% from that fall, but have yet to reach their prior high. So as the year comes to a close, it's a good time to assess whether investors should consider getting greedy with its stock or if there is good reason to be fearful.
Image source: Getty Images.
Source: Fool.com
Altria Group Inc. Aktie
48,65 €
0,74 %
Die Community zeigt bei Altria Group Inc. eine Tendenz zu Buy-Einschätzungen.
Obwohl das Kursziel von 46 € unter dem aktuellen Kurs von 48.65 € für Altria Group Inc. liegt, zeigt sich ein negatives Potenzial von -5.45%.
