The FDA's New Nicotine Proposal Spells Trouble for Big Tobacco
The more than 50-year war that's been waged by the U.S. against tobacco companies has been working. According to the latest statistics from the Centers for Disease Control and Prevention (CDC), an estimated 15.1% of U.S. adults (36.5 million) aged 18 and older were smoking cigarettes as of 2015. That's down from 20.9% of all U.S. adults back in 2005, and more than 40% of all adults back in the mid-1960s.
Since smoking tobacco has unquestionably been linked to an increased risk for heart disease and cancer, this sizable decrease in adult smokers has undoubtedly saved lives and helped increase average life expectancies.
Image source: Getty Images.
Source: Fool.com
Altria Group Inc. Stock
€46.47
1.030%
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However, we have a potential of -1.0% for Altria Group Inc. as the target price of 46 € is below the current price of 46.47 €.
