UVV - Universal Corporation Will Remain Under Pressure

Universal Corporation's (UVV) business outlook is threatened by a recent bill proposed in the Senate that calls for raising the smoking age from 18 years to 21 years. The stock has an attractive dividend yield of 5% together with a history of increasing dividends for the past 48 years. UVV might be appealing to the income investor, but not so much to the growth investor. On the surface, UVV's technical picture might appear attractive at current levels, but there are certain red flags that require investors to remain cautious. Let's get into the

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