3 Things About Altria Stock That Smart Investors Know
Altria (NYSE: MO) stock is, in some ways, one of the more resilient stocks trading on the market. Despite the surgeon general turning against its primary product in 1964, the stock has continued to rise even as smoking declined in the U.S.
Today, the stock is an integral part of numerous stock portfolios and remains on the watchlists of other investors. These current and prospective investors need to remember three things before adding positions to this tobacco stock.
As almost everyone knows, Altria's main source of revenue is tobacco sales. As studies have established, its product is linked to numerous health problems, many of which lead to permanent bodily damage and sometimes death.
Source Fool.com
