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.
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Source: Fool.com
Altria Group Inc. Stock
€48.40
0.440%
With 6 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -4.95% for Altria Group Inc. as the target price of 46 € is below the current price of 48.4 €.
