2024-07-04 08:49:00 ET
Tobacco giant Altria Group (NYSE: MO) is one of the best-performing stocks of all time, but slowing growth has reduced it to a high-yield income specialist that has badly lagged the broader market for the past decade.
The good news is that recent developments are painting a brighter future for Altria. The company's growing potential in smokeless products offers investors hope, while its familiar dividend creates a lucrative one-two punch that could make Altria a respectable market performer again.
There are three key reasons to consider buying the stock today.
For further details see:
3 Reasons to Buy Altria Stock Like There's No Tomorrow