2024-04-02 08:41:02 ET
Summary
- Altria has a 9% forward dividend yield and is diversifying its product portfolio to address the declining number of conventional cigarette smokers.
- The company has a strong position in the U.S. e-cigarette/vape market and the nicotine pouches market, both of which are expected to experience significant growth.
- There are potential risks, such as an ongoing patent fight and the increasing health consciousness of consumers, but overall, Altria's dividend yield and upside potential make it a "Strong Buy.".
Introduction
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For further details see:
Altria: Stellar Flexibility And Resilience