Tobacco stocks are known for big dividend yields and a recession-proof business model. Through decades of stock market history, tobacco stocks have delivered consistently for income investors.

However, the tobacco industry is concentrated in the hands of just a few major companies. Three large firms represent the vast majority of the market among U.S.-listed stocks. Those are Altria (NYSE: MO), Philip Morris International, and British American Tobacco (NYSE: BTI).

For investors trying to choose the best tobacco stock to own, it can be helpful to compare two of them side-by-side. In this article, we'll take a look at how Altria and British American Tobacco stack up against each other to determine which one is the better buy today.

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Source Fool.com