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FCX - Altria Group: Stockholder-Friendly For Income And Moderate Growth
Freeport-McMoRan Inc.
Altria Group (MO), the largest manufacturer of tobacco products in the United States, is a buy for the income growth investor. The management of MO is good and has continued to grow the business by using its cash to expand and add to their existing products. Investments in Cronos (CRON) and JUUL have the potential for good future sales when and if the FDA gets out of the way. Altria Group is 5.7% of The Good Business Portfolio, my IRA portfolio of good business companies that are balanced among all styles