Altria Group Stock: Buy, Sell, or Hold?
Most people know the dangers of cigarette smoking. For better or worse, tobacco companies have addictive products and loyal customers.
According to the World Health Organization, 1.3 billion people smoke, with 80% of them living in low- and middle-income countries. Roughly 28 million smokers live in the U.S., according to the Centers for Disease Control and Prevention.
But the industry has been changing. If you can put aside any moral qualms you might have about owning a tobacco company, should you purchase Altria Group's (NYSE: MO) stock? To make that decision, it's important to look at the industry and company fundamentals.
Source Fool.com
