MO - Altria - The Sin Discount Becomes The Return Premium
Altria (NYSE: MO) is an almost $70 billion company that was once renowned as having some of the highest historical returns. The company has since seen its share price decrease significantly, dropping more than 50% since mid-2017, despite no significant change in its potential for shareholder returns. While the company did make some poor decisions, the company has significant potential to generate significant long-term shareholder returns.
Altria 1Q 2020 Earnings
Altria reported some incredibly strong 1Q 2020 results, despite the global economic difficulties. That’s unsurprising given how little the pandemic affects